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  • Tips & Advice You & Your Business - Important rate changes on October 1
    Important rate changes on October 1.. Increases. The government is reminding companies to be prepared for two important rate changes which come into effect on October 1 2009. The first is the annual increase to the National Minimum Wage. From that date it will go up to £5.80p.h. for those aged 22 and over, £4.83p.h. for 18-21-year-olds and £3.57p.h. for 16-17-year-olds. Business Link has produced some useful guidance for employers on what elements of an employee’s pay can count towards NMW (see The...
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