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Tag Archives: employment law

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As a director do I need to pay myself the minimum wage?

HRBy adminNovember 25, 2008

Many directors of small limited companies effectively pay themselves at rates below the National Minimum Wage (NMW). This is perfectly legal as long as the director concerned does not have a contract of employment. As soon as a contract of employment is introduced and signed the NMW must be applied. This choice, to be a…

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