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Robert Cole & Co |
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Chartered Certified Accountants |
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What's New? |
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National Minimum Wage |
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For pay periods beginning on or after 1 October 2008 the NMW rates will increase as follows: |
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• Workers aged 22+ - £5.73 |
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• Workers aged 18-21 - £4.77 |
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• Workers aged 16-17 - £3.53 |
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Capital Allowances |
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• First-year allowances for plant & machinery will be replaced by an annual investment allowance of up to £50,000; |
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• The 100% first-year allowance for cars with low emissions has been extended until 31 March 2013 and applies to new cars whose emissions do not exceed 110g/km. |
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Office 1 Llynfi Enterprise Centre, Heol Ty Gwyn Industrial Estate, Maesteg, CF34 0BQ |