National Minimum Wage Increase Imminent

Ray Stewart Business, General 0 Comments

As September slips quietly away the annual National Minimum Wage increase is just around the corner.

From 1st October 2013 the new National Minimum Wage rates will apply. The new rates are:-

  • Adults hourly rate goes up to £6.31
  • 18 – 20 Year Old hourly rate goes up to £5.03
  • Apprentice hourly rate goes up to £2.68

Please make sure you adjust your payroll from next Tuesday – 1st October 2013 – to reflect these changes.

Do not hesitate to contact me if you have any questions or concerns about these changes.

~Ray

Ray Stewart
I am a qualified Certified Practising Accountant having passed my final exams way back in 1981. I actually can’t believe that was 33 years ago!! Anyway, I am now in my 50’s and I have been running my own business since May 1983. And before you ask, no, I have never regretted a moment of it! Part of the membership requirements of my professional body now dictate that I spend quite a lot of time on “CPD” - continuing professional education (one of their better ideas) - and over the last two years I decided to study business growth and marketing. I have learnt such a lot and that knowledge has radically changed my old “accountants” approach to business. It has made such a difference to the way I work and operate I feel that I just have to pass on this knowledge. It is simply too powerful to hold back!! - but I will try and do it in simple terms rather than expecting you to spend hours, as I had to, working through the difficult language that trainers seem to use to pass on their concepts. I hope you find the blog a useful resource and interesting place to visit as the months pass. I will do my best to keep up the flow - but if there are any topics you would like me to cover, then please let me know. Ray Stewart
Ray Stewart
Ray Stewart

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