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My name is Lyanne and I’m the managing director of Wilds. Happy new year to you all! Are you going to make 2020 one of the best years? What new year’s resolutions have you made? We’d love to hear what they are and to put a plan in place to help you to achieve them. Come in for a coffee and a chat and get the year off to a good start. Contact us now.

 

Key updates from April 2019 regarding Payroll

National Minimum Wage

Apprentice Rate: £3.90
16 – 17 Year Old Rate: £4.35
18 – 20 Year Old Rate: £6.15
21 – 24 Year Old Rate: £7.70
National Living Wage (25+): £8.21

 

Minimum Pension Contributions have increased

Date

Employer Minimum Contribution Staff Contribution

Total Minimum Contribution

New rate: 6 April 2019 onwards

3%

5%

8%

Old rate: 6 April 2018 -5 April 2019

2%

3%

5%

 

Payslip Changes

Employers will now have to provide the number of hours worked on each employee payslip beginning 6 April 2019. This will help to ensure employees understand the exact hours they are being paid for in each pay period, and will hold employers liable to ensure they are accurately paying their employees.

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