We are currently running our final weekly and monthly payrolls for the current tax year 2016-2017 and have already started the payroll year end process for our clients.
If payroll year end is giving you a headache and is becoming a problem, then now would be a good time to outsource your payroll.
Contact us today for a free quote.
From the 1st April 2017 the National Minimum Wage and National Living Wage will increase to the following hourly rates:
Workers aged 25 and over will be entitled to 7.50 per hour.
21 to 24 years; rate will increase to 7.05 per hour.
18 to 20 years; rate will increase to 5.60 per hour
Under 18; rate will increase to 4.05 per hour
Apprentices will be entitled to 3.50 per hour.
Please note Apprentices aged 19 or over who have completed at least one year of their apprenticeship are entitled to receive the full national minimum wage rate applicable to their age.
Please contact us if you need any help with your payroll.
At Paytec Online Payroll Services we always check and advise our clients to make sure they are paying the correct rates of pay for the National Living Wage and the National Minimum Wage.
Andy Doyle - Director at Paytec Online Payroll Services Limited has just renewed and upgraded his membership to Associate - ACIPP with the Chartered Institute of Payroll Professionals (CIPP).
This is a welcome addition to his accountancy qualification FMAAT and shows his and the company's commitment to keep up to date with the latest Payroll and Workplace pension legislation.