The rate will then change every April starting April 2017.
The rates from 1 April 2017 will be:
£7.50 per hour – 25 yrs old and over
£7.05 per hour – 21-24 yrs old
£5.60 per hour – 18-20 yrs old
£4.05 per hour – 16-17 yrs old
£3.50 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.
Further info can be found here
We’re excited to tell you that Roslyns will once again be attending a variety of trade shows in 2017. And we’re looking forward to seeing you there. So, if you’re looking for sound business advice, interested in adding further services to your package or keen to learn more about how Roslyns can add value to your business, then come along to chat to our experienced Business Development Managers.
7th – 8th Feb Pub 17 – Stand 11
Enterpriselive kicks off on 25th April at Ashton Gate Stadium, in Bristol.
27th April – Farnborough, FIVE, Hampshire
3rd May – Coventry, Ricoh Arena
9th May – Manchester, EventCity
16th May – London, Olympia
18th May – Leeds, Elland Road stadium
Further info and dates to be added…
Anybody who is self-employed, a company director, a trustee or receiving foreign income must complete a Self Assessment tax return.
Our Tax department are busily working through your Self Assessment tax returns as we speak but they need to have everything required at their disposal. If you’re unsure what exactly they need, here is an extensive list.
If you’ve already received your return, please sign and send back to us as soon as possible.
Due to the holiday period we will require your payroll information for weeks ending 17/18 December and 24/25 December to be sent on or before Tuesday 20 December. Monthly paid staff will be paid as usual unless you advise the payroll department of alternative pay dates.
To help you prepare for the festivities, here are our opening hours over the holidays:
Up to and inclusive of the 23rd Dec – 9-5pm
Monday 26th Dec – Closed
Tuesday 27th Dec – Closed
Weds 28th – Fri 30th Dec – 9-5pm
Mon 2nd Jan 2017 – Closed
We then resume normal business hours
The National Minimum Wage (NMW) is the minimum pay per hour most workers are entitled to by law. The rate will depend on a worker’s age and if they are an apprentice.
The National Living Wage
The Government’s National Living Wage was introduced on 1 April 2016 for all working people aged 25 and over, and is set at £7.20 per hour. The current National Minimum Wage for those under the age of 25 still applies.
- Most workers over school leaving age will be entitled to receive the NMW.
- The NMW /NLW rate is reviewed annually by the Low Pay Commission.
- HM Revenue & Customs (HRMC) can take employers to court for not paying the NMW/NLW.
- There are a number of exemptions to those who receive the NMW/NLW. These do not relate to the size of the business, sector, job or region.
- The compulsory National Living Wage is the national rate set for people aged 25 and over.
Rates of pay
It is important to note that these rates, which came into force 1 October 2016, apply to pay reference periods beginning on or after that date.
The rates from 1 October 2016 are:
- £7.20 per hour – 25 yrs old and over
- £6.95 per hour – 21-24 yrs old
- £5.55 per hour 18-20 yrs old
- £4 per hour – 16-17 yrs old
- £3.40 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.
The British Beer & Pub Association (BBPA) has reminded licensees to check their new valuations, pointing to the association’s online guide that helps them navigate the process, following the publication on Friday (30 September) of new rateable values for pubs. The BBPA has stressed the need for licensees to make sure they have made the necessary financial preparations for next year. Businesses will be able to notify the Valuation Office Agency (VOA) of any obvious errors – and officially appeal to the VOA if there are any serious mistakes, under the government’s Check, Challenge and Appeal process, from April next year. This is the first time the valuations have been amended since 1 April 2010. The VOA, with the help of five trade bodies including the BBPA, has developed the 2017 Approved Guide to the process, which has been published. BBPA chief executive Brigid Simmonds said: “While we won’t know the final shape of bills until the government decides on the multiplier, which is effectively the tax rate, it is still vital for licensees to be aware of this major change. There will certainly be premises that will see an increase in their rateable value, particularly where the business has thrived over the past eight years, and we will be looking at ways to mitigate any sharp rise in bills for these premises. We will continue working for relief for pubs – industry pressure has already seen reforms that will mean pubs with a rateable value of £12,000 pay no business rates at all.”
On Friday 30th September, Roslyns will be holding their very own Coffee Morning in aid of Macmillan Cancer Support.
We have ‘Spot the Cake’, ‘Guess the weight’ and Best in show (Best baker award).
It’s all in a good cause – providing support to people facing cancer. Anything raised will ensure no one has to face cancer alone
We shall be at London Olympia from the 3rd to the 5th October for this years Pub and Bar Show.
We’re really looking forward to seeing you there. For more info, click here
To register for your free tickets, click here
We’ll be at stand WH78
See you there!
Take a look to find out more: