Business News - April 2008

National Minimum Wage Increases

The National Minimum Wage 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 are responsible for enforcing the NMW and have an ongoing programme of targeted enforcement. The current area subject to special attention is the hotel industry.

Internet Link:

NMW rates and BERR hotel guide

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