Statutory Minimum Wage
From 1 April 2021 the national living wage will increase to £8.91 per hour and will apply to workers age 23 and above (whereas it currently applies to those age of 25 and above).
The national minimum wage (NMW) rates will also increase from 1 April 2021:
Statutory Sick Pay
From 5 April 2021, Statutory Sick Pay will increase to £96.35 per week.
IR35
From April 2021, under the new rules, where workers are engaged through their own companies, responsibility to apply IR35, and to pay any associated tax and National Insurance contributions (NICs), will fall to the private company, agency or other third party paying the worker’s company.
These new rules were expected in April 2020 but were delayed due to the coronavirus pandemic.
We hope that you have found this information useful and we will keep you updated as and when there are further developments!
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Check out our fantastic software HR Pulse - 'At the heart of your business' please call Sue on 07951 356700 or email sue@evergreenhr.co.uk.
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Finally, please stay safe!!