Hannah English, head of DC Corporate Consulting with the firm, said: "The savings employers could benefit from, by ...

Employment and Labour Minister Nomakhosazana Meth said the National Minimum Wage (NMW) rates for 2025 would rise from R27.58 to R28.79 per hour worked. The NMW was introduced in the country in ...

In reply, HMRC said: "A salary sacrifice arrangement must not reduce an employee's cash earnings below the National Minimum ...

HMRC responded: "A salary sacrifice arrangement must not reduce an employee's cash earnings below the National Minimum Wage ...

HMRC has clarified the regulations surrounding pension contributions in response to a public query. The tax body was asked over social media: "If salary sacrifice would take me below NMW [National ...

This means those earning the current NMW rate of £6.40 an hour will be now be on £7.55 an hour. Anyone between the ages of 18 and 20 will be paid at least £10 an hour instead of £8.60 - an ...