National Minimum Wage Update
- Workers aged 21 and over will increase from £6.31 to £6.50
- Workers between the ages of 18-20 will increase from £5.03 to £5.13
- Workers between the ages of 16-17 will increase from £3.72 - £3.79
- Apprentices up to the age of 19, or in their first year of apprenticeship, will increase from £2.68 to £2.73 (unless the rate is specified in the apprentice training contract). If the apprentice is 19 or over and past their first year of training, they will get the rate that applies to their age.
An employee who is paid less than the NMW for any pay period is entitled to be paid arrears by their employer. Arrears are the difference between the remuneration received by the worker and the NMW rate which applied at the time they were underpaid. However, from April 2009, where the current rate of NMW is higher than the rate that applied at the time of underpayment, the arrears are calculated by reference to the current rate.Failure to pay the correct rate NMW will result in a penalty being issued. From 7 March the penalties have been revised; the penalty percentage has increased from 50% - 100%, with the maximum penalty increasing from £5,000 to £20,000. The penalty is therefore 100% of the total underpayment for all employees affected.
Vat Fuel Scale Charges
Employers Allowance Scheme
Free Employment Law Advice
- July 19
- Postal payments for month ended 5 July should reach your HMRC Accounts Office by this date. If you pay late you may have to pay a late payment penalty.
- Receipt of the Contractors Monthly Returns for month ended 5 July for those under the Construction Industry Scheme is due by this date whether submitted electronically or on paper.
- July 22
- Electronic payments for month ended 5 July must clear into the HMRC bank account by this date. If you pay late you may have to pay a late payment penalty.
- July 31
- Companies House filing date for companies with a year end of 31 October 2013.
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