Directors’ Payroll 2021/22
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 06/04/21 to suit your own circumstances.
If we prepare your payroll, you will have recently had an email from us with details for 2021/22.
From April 2021, National Minimum Wage rates will become:
| based on 35 hour week | |||
| Age | hourly rate | amount per week | amount per year |
| 23+ | £8.91 | £311.85 | £16,216.20 |
| 21 – 22 | £8.36 | £292.60 | £15,215.20 |
| 18 – 20 | £6.56 | £229.60 | £11,939.20 |
| under 18 | £4.62 | £161.70 | £8,408.40 |
| apprentice | £4.30 | £150.50 | £7,826.00 |
The ‘Real Living Wage‘ is £ 9.50 per hour or £ 10.85 per hour (if living in London).
Auto enrolment pension contributions are currently :
5% for the employee
3% for the employer
