Minimum Wage - New Guidelines

[ASB]

This is why (in 09/10) £5,720 is the "magic number" you're talking about. Paying yourself £6k doesn't gain you any more entitlements (neither does paying yourself £60k).

Strictly it does. Serps or S2P or whatever it's called.

There is also the contracted rebate if one is contracted out.

What it will therefore get you is more entitlement, what it won't get you is value though....