• Share on LinkedIn
  • Share on Twitter
  • Share on Facebook

Buckingham: 01280 875250 Milton Keynes: 01908 886040 Aylesbury: 01296 769010

The numbers
people with a
balanced approach

Request a Callback

NMW and NLW increases take effect

Newsletter issue - April 2018.

New rates for the National Minimum Wage (NMW) and National Living Wage (NLW) (aged 25 and over) apply from 1 April 2018, and employers must ensure that they implement them accordingly. The rates are as follows:

Severe penalties may be imposed for failure to comply with NMW/NLW obligations. Broadly, the penalty percentage which may be imposed for non-compliance is now 200%. The maximum penalty is a hefty £20,000 per worker, although it may be reduced by 50% if the unpaid wages and the penalty are paid within 14 days.

For further information on the NMW, see the GOV.UK website at https://www.gov.uk/national-minimum-wage-rates.

 

How Big Is Your Business?

Regardless of the size of your business Courts Accountancy Services can help you every step of the way.

Get the right service level for your needs. Whether it's a compliance service, a growth service or simply a more personal pro-active service we are here to help and take away some of the worries and burdens that running a business brings.

  • Start-up
  • Small Business
  • Medium Business
  • Large Business

 

Helping You Take The Right Step

To become successful in business and an entrepreneur you need the right attributes. A good idea, optimism, passion, persistence, flexibility, focus, a plan to make it work, a way to finance your business, hard work and the right people around you.

Courts Accountants can help you every step of the way. Whether its starting out, growing, exiting, financing, structuring we have a team that can make it happen.

Get a Fixed Quote

sage

scrollup