National Minimum Wage Update
The new minimum
wage rates are effective from 1 October 2007.Find out more
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Summer 2007 Newsletter
The
Summer 2007 newsletter
is available online now for
registered
clients only.
Free payroll news is available for non clients.
Click here.
Statutory Holiday Pay
New legislation are underway to increase whole time equivalent holiday entitlement from 20 days to 28 days. Find out more
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Tax & NIC Thresholds
Effective
April 2007.
|
Bands |
2007/08 |
|
LEL |
87.00 pwk |
|
ET |
100.00 pwk |
|
UET |
670.00 pwk |
Personal allowance is 5,225 for employees under 65.
Tax code 503L becomes 522L from 6 April Find out more
|
Bands |
2007/08 |
|
Lower 10% |
2,230 |
|
Basic 22% |
2,231 - 34,600 |
|
Higher 40% |
over 34,600 |
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Statutory Maternity/Adoption Pay
Ref:
www.dwp.gov.uk
Paid leave has been extended from 26 to 39 weeks.
If the baby is due on or after 1 April 2007, then the woman qualifies for 39
weeks SMP.
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