NGCAA Limited
Blog

Summary of employment law issues in Budget 2018

We highlight below the major employment law issues from The Chancellor of the Exchequer’s budget earlier this week.

Friday 2nd of November 2018 12:58

The government will not be scrapping or even pressing pause on the Conservative Partys manifesto pledge to further increase both the tax free personal allowance and the higher rate tax threshold, but instead would meet its pledge to increase the tax free personal allowance to £12,500 (up from £11,850) and the higher rate tax threshold to £50,000 (up from £46,350) in 201920, which is one year earlier than planned. The national insurance thresholds will also rise (buried in the Chancellor’s papers and not announced during the budget speech)

 

In addition, the national living wage and national minimum wage will increase as follows:

From 1 April 2019:

the national living wagefor workers 25 years and olderwill increase from £7.83 to £8.21

the national minimum wage for 2124 year olds will increase from £7.38 to £7.70

the national minimum wage for 1820 year olds will increase from £5.90 to £6.15

the national minimum wage for 1617 year olds will increase from £4.20 to £4.35

the apprentice ratefor apprentices under 19 years old or in their first year of their apprenticeshipwill increase from £3.70 to £3.90

 

NGCAA - Legal advice and administrative support to member golf clubs