EJ Summers – Winner of Scottish Young Accountant of the Year Award
Want to pay less tax?
Sign up to our tax saving
newsletter
National minimum wage increases announced
Newsletter Issue - April 2016
Following recommendations made by the Low Pay commission, the government has announced increases in the national minimum wage (NMW), which will take effect from October 2016.
The new rates will be as follows:
- The rate for 21- to 24-year-olds will rise by 3.7% to £6.95 an hour.
- The rate for 18- to 20-year-olds will rise by 4.7% to £5.55 an hour.
- The rate for 16- to 17-year-olds will rise by 3.4% to £4.00 an hour.
- The apprentice rate will rise by 3% to £3.40 an hour.
For further information, see the GOV.UK website here.
