Monthly Archives for August, 2011

Key Dates for August/September…

August 6, 2011
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Key financial dates for August/September...
  • 19 August 2011
    • PAYE and NIC due for the month ended 5th August 2011.
    • CIS return must be submitted for the month ended 5th August 2011
  • 19 September 2011
    • PAYE and NIC due for the month ended 5th September 2011.
    • CIS return must be submitted for the month ended 5th September 2011
  • 19 October 2011
    • PAYE and NIC due for the month ended 5th October 2011.
    • CIS return must be submitted for the month ended 5th October 2011
  • 31 October 2011
    • Deadline for paper submission of Self Assessment tax return for tax year ended 5 April 2011

Electronic payment of PAYE & NIC extends the due date to the 22nd of the month.

National Minimum Wage

August 2, 2011
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With the National Minimum Wage due to rise again, Curle & Co. provide details on what is set to change...

The National Minimum Wage is due to increase again from 1 October is 2011. This is a legal right which covers workers above compulsory school leaving age. The new hourly rates are as follows:

  • Workers ages 21 and over will increase from £5.93 to £6.08
  • Workers between the age of 18-20 will increase from £4.92 to £4.98
  • Workers between the age of 16-17 will increase from £3.64 to £3.68
  • Apprentices up to the age of 19, or in their first year of apprenticeship, will increase from £2.50 to £2.60 (unless the rate is specified in the apprentice training contract).