National Minimum Wage from 1 April 2021
The NMW rose from 1st April 2021 to the amounts below
Official guidance from the government is here
TAX/NI Efficient Director Salaries
From 6 April 2021 the optimum tax/NI efficient director salary is £736 per month (was £732) and weekly is £170 (was £169).
If you’d like to know how we can help you with this, or with anything else, feel free to phone 01942 734455 or email me at pb@hca.org.uk
Paul has been engaged in the accounting profession since 1988 after leaving the University of Manchester with a BSc (Hons) in Computer Science & Accounting. He qualified with Price Waterhouse Coopers in 1991. After a successful period in industry and a spell working in a local firm of Chartered Accountants, Paul decided to go it alone and established Haywards in 1994. In his spare time, Paul enjoys going to the gym, running, learning guitar and tormenting his Jack Russell, Arnie, and his Jackapoo, Stig. Along with his daughter (his wife hates football!), Paul is also a keen, but distressed, Wigan Athletic fan.