Best QuickBooks Consulting & Training in Barnsley

Lower-paid workers will be welcoming the National Living Wage uplift coming later this year, but these increased costs could mean that employers can no longer afford to employ their workers. Just as the cost of living crisis is severely impacting many households across the UK, it’s also hitting UK businesses. While some may reduce their employment costs by scaling down their number of staff, this isn’t always possible – meaning some businesses may end up shutting down completely. Here’s a summary of recent changes affecting employment costs in 2023, and how these are likely to impact employers and their employees.