Plus 21p. Wow! Big Deal!
It has just been announced that as from the 1st September 2008 the minimum wage will go up by 21p to £5.73 per hour.
That’s a rise of a smidgin over 3.8%.
It was also recently reported that if a household income is below £16.5k pa that household is living in POVERTY.
At 40 hours per week the minimum wage equates to £11,918.40 pa on which Income Tax is paid.
Verb sap!
Better than a kick in the teeth but as Mahatma Ghandi put it:
The world has enough for every man's need, but not enough for every man's greed.
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