National Living Wage and National Minimum Wage rates increased on 1 April 2020.
Previous rate
Current rate from 1 April 2020
Increase
National Living Wage
£8.21
£8.72
6.2%
21-24 Year Old Rate
£7.70
£8.20
6.5%
18-20 Year Old Rate
£6.15
£6.45
4.9%
16-17 Year Old Rate
£4.35
£4.55
4.6%
Apprentice Rate
£3.90
£4.15
6.4%
If these increases feel like yet another headache for you, would you like to keep on top of payroll changes then TIAccountancy can deal with payroll and Auto Enrolment for you, making sure that you are up to date on legislation without you having to worry about it.
If you would like a quote, please contact us on 01229 813388
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Our Testimonials
"With TI Accountancy, it's like having your own finance director"
“By TI Accountancy working closely with the directors of our company it really is like having our own financial director in the business who can help us identify opportunities and pushes us on growth.
They are a wonderfully friendly team, that are knowledgeable and reliable in making it much easier for me to concentrate on growing my business”.
"It would be a mine field to keep records of opt outs and entitlements without them"
Having TI Accountancy working with us on our Auto Enrolment has saved us hours of painstaking paperwork tasks. With so many employees with different circumstances, it would be a minefield to keep records of opt-outs and entitlements without them.
Having their support has meant we can trust we are compliant and that everything is done on time and with tremendous efficiency.
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