Directors’ Payroll 2019/20

If you are a director of your own company and prepare your own wages please contact us to discuss the most efficient salary to declare from 06/04/19 to suit your own circumstances.

If we prepare your payroll, you will have recently had an email from us with details for 2019/20.

National Minimum Wage will increase as follows:

based on 35 hour week
Age hourly rate amount per week amount per year
25+ £8.21 £287.35 £14,942.20
21 – 24 £7.70 £269.50 £14,014.00
18 – 20 £6.15 £215.25 £11,193.00
16 – 18 £4.35 £152.25 £7,917.00
apprentice £3.90 £136.50 £7,098.00

Auto enrolment pension contributions from 06/04/19 will increase to:

5% for the employee

3% for the employer