National Minimum Wage Increase
From 1 October 2009 the national minimum wage increased again:
|Aged 22 and over||£5.80||(£5.73)|
|Aged 18 to 21||£4.83||(£4.77)|
|Aged 16 to 17||£3.57||(£3.53)|
The government is becoming concerned that large numbers of employers are not paying the relevant NMW. Our payroll software automatically verifies compliance with NMW rates, so we are in a position to assist you with your payroll and NMW checks.
From 6 October 2009 those aged 50 or older will be able to increase the level of investments in ISAs to £10,200 from the existing £7,200. The cash investment levels rises from £3,600 to £5,100. The increased limit will be available to all from 6 April 2010