Minimum Wage increases

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The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules.

There are different levels of NMW and NLW, depending on age and whether the employee is an apprentice. The rates are due to increase from 1 April 2018 as shown in the following table:

  Rate from 1 April 2017 Rate from 1 April 2018
NLW for workers aged 25 and over £7.50 £7.83
NMW main rate for workers aged 21-24 £7.05 £7.38
NMW 18-20 rate £5.60 £5.90
NMW 16-17 rate for workers above school leaving age but under 18 £4.05 £4.20
NMW apprentice rate * £3.50 £3.70

*for apprentices under 19 or 19 or over and in the first year of their apprenticeship

There are no exemptions from paying the NMW on the grounds of the size of the business.

If you would like help with payroll matters please get in touch.

Deganwy History Group Meeting

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Deganwy History group’s next meeting is entitled ‘Snippets of History’ and will be held on Thursday, February 15 at 7pm. They will meet at Peniel Chapel Schoolroom, Ty Mawr Road, Deganwy.

This is the annual opportunity for individual members of the Deganwy History Group to give a talk on subjects in which they are particularly interested. This year, they have Adrian Hughes – ‘Herb Collectors’; Elan Rivers – ‘The Zac Brierley Story’; Vicky Macdonald – ‘Conwy Cockpit.

Zac Brierly was an engineering company located in Llandudno Junction, North Wales next to our office. The building is now the headquarters of Crest Co-operative.

 

Lidl reveals when Llandudno Junction supermarket development set to start

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The discounter says that it will create 40 jobs when the new store opens.

Supermarket chain Lidl will start work this June on its new store in Llandudno Junction, North Wales. The German discounter was given planning permission by Conwy council back in November for a new store. It will be located on the site of the former Arriva bus depot and Daily Post/Weekly.

They hope to have the new supermarket open in “early 2019”.

 

Wales in a Day

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A whole country from top to bottom in just one day! 185 miles and 4500 metres of ascent!

On the 22nd of July a team of 6 cyclists from local cycling club Roundhouse Rouleurs are cycling from the picturesque town of Caernarfon to Chepstow, taking in the Llanberis and Gospel Pass. Gareth is a keen member of the support team for the day. The objective is to not only complete this epic day of riding but also to raise vital funds for the local children’s hospice Ty Gobaith.

Ty Gobaith is a beautiful ‘home from home’ for poorly children and their families. If you would like to donate please click on the link.  https://www.justgiving.com/fundraising/gareth-hughes24

Alternatively you could visit the JustGiving webpage and search Roundhouse Rouleurs or contact Gareth Hughes & Co on 01492 593345.

Congratulations to Sion on passing his F5 Exam

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We would like to congratulate Sion on passing his F5 performance management exam. He is now well on his way to becoming a certified chartered accountant.

Sion is looking forward to starting his next module F6 Taxation soon, we wish him all the best for his studies and for the exa

Congratulations to Sion on passing his F2 Exam

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We would like to congratulate Sion on passing his F2 management accounting exam. He has been attending lectures and studying hard and the work has paid off. He has now completed three out of fourteen exams on his way to becoming a certified chartered accountant.

Sion starts studying for his next module performance management soon so we wish him good luck for the next module.

Welcome to the team Matthew

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We are delighted to welcome a recent addition to our firm, Matthew Williams. Matthew joins us as a trainee accountant and we would like to officially welcome him to the team.

Matthew recently graduated from Liverpool University after studying accounting and finance. Matthew has now moved back home to his roots in North Wales. He will be studying towards becoming a certified chartered accountant. Matthew will be gaining experience in payroll, accounting and taxation to help us deliver excellent service to all of our clients.

In his spare time Matthew enjoys playing golf and watching football.