The National Minimum Wage

from April 2023

for all employees.

                        23 and over       21 to 22       18 to 20       Under 18        Apprentice*

                         £10.42ph         £10.18ph     £7.49ph       £5.28ph          £5.28ph

*Apprentices are entitled to the apprentice rate if they’re either:

• aged under 19
• aged 19 or over and in the first year of their apprenticeship

For more information go to https://www.gov.uk/national-minimum-wage-rates 

The National Minimum Wage

is increasing 6th April 2020

for all employees.

                        25 and over       21 to 24       18 to 20       Under 18        Apprentice*

                           £8.72ph        £8.20ph       £6.45ph         £4.55ph           £4.15ph

*this rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entiltled to the National Minimum Wage for their age.

For more information go to https://www.gov.uk/national-minimum-wage-rates 

National Minimum Wage and National Living

Wage rates 2019/2020

                                                          National Living Wage (over 25s)                      £8.21ph

Age 21 – 24                                                                £7.70ph

Age 18 – 20                                                               £6.15ph

Age 16 – 17                                                                 £4.35ph

*Apprentices                                                            £3.90ph

*the apprentice rate applies to those aged 16 -18 training on an apprenticeship and to those aged 19 or over who are in their first year of an apprenticeship, after which they go onto the appropriate age-rated rate

National Living Wage

From April 2016, the government will introduce a new mandatory national living wage (NLW) for workers aged 25 and above, initially set at £7.20 – a rise of 50p relative to the current National Minimum Wage (NMW) rate. That’s a £910 per annum increase in earnings for a full-time worker on the current NMW.

The adult NMW rate is currently £6.70. From 1 April 2016 the premium will come into effect on top of the NMW, taking the national living wage to £7.20. The NMW will continue to apply for those aged 21 to 24, with the premium added on top for those aged 25 and over, taking the total hourly rate to the national living wage.

The National Minimum Wage is increasing on 1st October 2015 for all employees.

 21 and Over    18 to 20    Under 18    Apprentice*

           £6.70       £5.30         £3.87            £3.30

*this rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entiltled to the National Minimum Wage for their age.

For more information go to https://www.gov.uk/national-minimum-wage-rates and don’t forget to tell friend or family – they will be due a raise too. If you have a question, then call the Pay and Work Rights Helpline on 0800 917 2368.

• Our very own Adam Claydon has been shortlisted for The Building Product Solutions Business Person of the Year Award at this year’s Barnsley and Rotherham Chamber of Commerce Business Awards Ceremony taking place on 23^rd October at the Barnsley Metrodome. 
   

We are all very proud of him here at Claydon Accountancy. Good Luck Adam and all the other nominees.

Have you heard? The National Minimum Wage is increasing on 1st October 2014 for all employees. Find out about the new rates at https://www.gov.uk/national-minimum-wage-rates and don’t forget to tell friend or family – they will be due a raise too. If you have a question, then call the Pay and Work Rights Helpline on 0800 917 2368.