The National Living Wage, the statutory minimum for workers aged 25 and over, will increase by 4.9% to £8.21 per hour on 1 April 2019. National Minimum Wage rates for younger workers will also increase above inflation.
As the minimum wage increases more employers than ever will be directly affected, including some of those who currently pay above the minimum. The new rates are:
|Year||25 and over||21 to 24||18 to 20||Under 18||Apprentice|
|April 2018 (current rate)||£7.83||£7.38||£5.90||£4.20||£3.70|
For further information on paying the National Minimum Wage correctly you can register for one of HMRC’s live webinars – it is running a series of them throughout March. Go to http://tinyurl.com/y4pvnhch.