Minimum wage

National Minimum Wage rates apply to employees up to the age of 20 (22 before 1 April 2024).

National Living Wage (NLW) rates apply to employees 21 and over (23 and over before 1 April 2024).

The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.

Penalties apply to employers who fail to pay minimum wages.

AgeNLW21-2218-2016-17Apprentice
From 1 April 2024£11.44n/a£8.60£6.40£6.40
From 1 April 2023£10.42£10.18£7.49£5.28£5.28

Local, cloud-connected professional support throughout the year.

Our services can be as deeply integrated into your business as you require and flexed up or down to support your current needs.

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Day-to-Day
Operational Services

Using our expertise, combined with cloud-accounting software, we can provide your growing owner-managed business with a time saving, efficient, finance function that delivers timely, accurate, financial management information and advice.

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Forecasting & Reporting,
Cash Flow & Ledger Management

By getting to grips with the core record-keeping function in your business, we can build on this work to produce a top quality report dashboard that tells you what is really going on.

We'll prepare monthly, or quarterly, management accounts to ensure you always have reliable and accurate information on which to base your business decisions.

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Virtual Finance Team
& Director

This fully integrated, continuous, accounting and tax service will transform your personal & company accounting.

We maintain records consistently over time and convert the raw data into actionable business insight to assist business owners in planning for the future.

Contact us for information
about how we can tailor our services to your objectives.

*We (Murphy Thompson Moore Ltd) would like to contact you by post with relevant service updates and occassionally, exclusive offers for Clients. We won’t send these often and you can request that we don’t send updates or offers at any time. If you’d like to opt-out of these updates, please let us know within your message. We would also like to contact you by phone and email to respond to your message in order to provide the best service for you (which may include communicating particular offers available at the time). By giving us your details below, you agree you’re happy to receive these messages. We’ll look after your information. Your details will only be used as described in our privacy policy.