From 1st April 2024, the National living wage has gone up to £11.44 per hour for employees who are 21 and over. This is an increase of £1.02 per hour from the previous rate of £10.42 per hour for those 23 and over and £1.26 per hour for those 21-21 year olds.
National Minimum wage has also seen a higher than inflation hike.
18-20 year olds – the rate has increased to £8.60 per hour – an increase of £1.11 or 14.8%.
Under 18’s – the rate has increase to £6.40 per hour – an increase of £1.12 or 21.2%.
If you have any questions regarding this, please call Sindy on 0113 2864486
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Tax Protection
With HMRC becoming more spontaneous with tax investigations we strongly suggest that every business is insured against the cost of investigation. So strongly in fact, that we automatically build it in to our fixed fee agreements. Many of our clients have been very grateful for this insurance when HMRC have come knocking.
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If you are looking for your business to grow, and it has the potential to do so, there is every chance you will accelerate that growth by working with a growth coach. Growing can be painful, there will be hurdles to overcome and changes to be made.
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