Chartered Accountants & Business Advisors, 6 Sewardstone Road
Waltham Abbey, Essex, EN9 1NA
Tel: 01992 762875 Email: charingcompany@talk21.com

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Changes to the MNW

Dated: Wednesday, Sep 14th, 2005

If you have not done so already, you should be advising any employees paid at the Minimum National Wage that their hourly rate will increase from the 1 October 2005 as follows:
The adult rate of the minimum wage (for workers aged 22 and over) should increase from its present hourly rate of £4.85 to £5.05.
The development rate (for workers aged 18-21 inclusive, and workers aged 22 and above in the first six months of new employment receiving accredited training) should increase from the present hourly rate of £4.10 to £4.25.

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