NMW changes

The National Minimum Wage (NMW) will rise to £5.73 (£5.52) an hour in October 2008.

The hourly rate for 18 to 21 year olds will increase to £4.77 (£4.60) and for 16 and 17 year olds to £3.53 (£3.40) an hour.

HMRC have an ongoing programme of targeted enforcement. The sectors currently subject to special attention include hairdressers, childcare providers and the hotel industry.

Please do get in touch if you have any concerns in this area.

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At Goldwyns, we have the policy of providing excellence in Service and Assistance to our clients, from partner level, down to the most junior of our staff, and we regard our team as our most important asset.
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We offer a comprehensive service to all types of businesses and individuals, and have the benefit of membership of the UK200 Group of Practising Accountants, enabling direct access to expertise in areas outside our normal work.

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Regulated to carry on audit work for a range of investment business activities by the Institute of Chartered Accountants in England and Wales

Please contact us to discuss any of the matters raised

In this issue

Newsletter - Summer 2008

NMW changes

Please
contact us to discuss any of the matters raised