by yasiradnan94 | Mar 6, 2023 | Accounting, Advice, Business, FAQs, News
The national minimum wage (NMW) and national living wage (NLW) rates are due to rise significantly for pay periods starting on and after 1 April 2023. These increases – the largest since the NMW began – are being introduced because inflation is running at...
by yasiradnan94 | Feb 1, 2023 | Accounting, Advice, Small Businesses
You may have heard of the term ‘pro-rata’, in particular relating to pay for employees. This article will explain what it means and how it is worked out. What is Pro-Rata? Pro rata work is the proportion of earnings based on a full time salary. For example, if a full...