Further information, including the form for partners to register for Class 2 NICs and Self Assessment is available from HMRC’s website .
National Minimum Wage (NMW)
NEW NMW RATES APPROVED FROM OCTOBER 2012
20 March 2012
The government have accepted the Low Pay Commission’s recommendations on rates for the National Minimum Wage (NMW) from October 2012.
From 1 October 2012:
the adult minimum wage rate will increase from £6.08 to £6.19 an hour the Youth Development Rate (18-20) will remain at £4.98 an hour the 16-17 year old rate will remain at £3.68 an hour the apprentice rate will increase from £2.60 to £2.65 an hour The Commission’s report covers this year’s upratings and amongst other matters it recommends the simplification of the operation of the NMW and also improvements to guidance as there are concerns over the quality and availability of NMW guidance.
Further information:
Low Pay Commission press release
Low Pay Commission Report 2012
LOW PAY COMMISSION REMIT PUBLISHED
20 June 2012
The government has written to the Low Pay Commission (LPC) today setting out its remit for its 2013 Report.
The LPC will continue to monitor, evaluate and review the National Minimum Wage (NMW) and its impact, and review the levels of each of the different minimum wage rates.
As part of its remit the government has asked the independent body to:
Pay particular attention to youth employment, including those in apprenticeships Review the regulations for salaried workers and consider whether they can be simplified Review the regulations that apply where employers provide accommodation for their workers
The LPC will report to the Prime Minister, the Deputy Prime Minister and the Secretary of State for Business, Innovation and Skills by the end of February 2013.
Employment Relations Minister Norman Lamb, said:
“The government is committed to the National Minimum Wage as it provides much needed protection for low paid workers and encourages those out of work, to get back into the labour
CIPP Policy News Journal
12/04/2013, Page 135 of 362
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