HMRC umbrella company ‘checking tool’ looms for workers
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READ MORENational living wage to reach £10.50 an hour by 2024
The national living wage will rise to more than £10.50 an hour in 2024 compared with £8.21 at present, as the government set a target for the wage to reach two-thirds of median earnings.
The new rate will apply to everyone aged over 21, not the current threshold of 25, although it is not guaranteed, as the chancellor cautioned that the increases will only happen “as long as economic conditions allow”.
Read more at the Guardian.
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