You must be at least: school leaving age to get the National Minimum Wage aged 21 to get the National Living Wage - the minimum wage will still apply for workers aged 20 and under Current rates The rates change on 1 April every year. 21 years and over  £12.71 per hour – based on the average working week of 36.5 hours that is a salary of £24,123.58 18 years to 20 years  £10.85 per hour - based on the average working week of 36.5 hours that is a salary of £20,593.30 Under 18 ye

In the world of business, we often talk about "rainy day funds" and "market fluctuations." But as the current conflict involving Iran begins to ripple through global energy markets, the "rainy day" has arrived in the form of volatile fuel supplies and surging costs. For UK business owners, the question is no longer if supply chain disruptions will reach our shores, but how  you will respond when they do. At Contador Accountancy , we believe that financial health is inextrica

At Contador Accountancy , we believe professionalism doesn’t have to be stuffy. We pride ourselves on being the friendly face of accountancy, providing non-complicated solutions to businesses in Ipswich and beyond. But if there’s one area where "relaxed" shouldn't mean "casual," it’s payroll. If there’s one thing we and our clients agree on, it’s this: payroll accuracy is mission-critical.  One tiny slip in tax calculations or a missed deduction can cascade into hefty HMRC fi

I'm sure that your inboxes have all been pinging with continuous calls to action from Companies House. The deadline is looming for a number of changes that they are bringing out - here is their lastest summary. Changes to fees from 1 February 2026 From 1 February 2026, some of our fees will be changing.  We’ve published a full list of fees that are changing from 1 February 2026. We use income from our fees to incorporate companies and to publish accessible company information