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National Minimum Wage and the National Living Wage The National Minimum Wage (NMW) is the minimum pay per hour most workers are entitled to by law. This rate will depend on a worker’s age and if they are an apprentice. Any changes to the rates are normally introduced in October each year. The… Read more
An introduction… Payroll Legislation Changes for 2015-16 …Income Tax …National Insurance …Student Loans …Statutory Payments …Employment Allowance …Filing Penalties …Other budget changes – reminders Income Tax Income Tax Allowances The basic personal allowance for the tax year starting 6 April 2015 will be increased to £10,600 and the tax code for use will be 1060L…. Read more
