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National Minimum and Living Wage – No Excuses!

Ten Facts You Might Not Know About Stamp Duty

From April 2017, the National Living Wage will be increased to £7.50 per hour for all workers aged 25 and over.

The National Minimum Wage for workers younger than 25 will still apply at the current rates , dependant on age and employment status.

These are some of the excuses which have been given to HMRC for not paying the National Minimum or National Living Wage:

“The employee wasn’t a good worker, so I didn’t think they deserved to be paid the National Minimum wage”

“My workers like to think of themselves as self-employed, so it doesn’t apply”

“I have an agreement with my workers that I won’t pay them the minimum wage. They have signed a contract and everything”

As you can imagine, NONE of these are valid, and employers can be penalised up to £20,000 for not complying with the regulations!