From 1st July the furlough scheme begins to unwind. Even though an employee must still be paid at least 80% of their wages, the employer can only claim 70% back from the government, reducing to 60% for August and September. The furlough scheme then closes on the 30th September 2021.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 25th March 2024
From 6th April 2024 the National Minimum Wage for Employees 23 years and over will rise from £10.42 to £11.44. Please note this is the Employers legal responsibility to check their employees are earning at least this amount and inform the office to amend the payroll if required.