It's that time of the year again, where the National Minimum Wage and National Living Wage rates increase. The rates change every April.
You must be at least:
- School leaving age to get the National Minimum Wage
- Aged 25 to get the National Living Wage ( the minimum wage will still apply to workers aged 24 and under)
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
Apprentices are entitled to the minimum wage for their age if they both:
- Are aged 19 or over
- Have completed the first year of their apprenticeship
So what are the rates now and what will they be changing to?
25 and over rate is currently £7.50. This will be changing to £7.83
21 - 24 rate is currently £7.05. This will be changing to £7.38
18 - 20 rate is currently £5.60. This will be changing to £5.90
Under 18 rate is currently £4.05. This will be changing to £4.20
Apprentice rate is currently £3.50. This will be changing to £3.70
Which workers do not quality for the National Minimum Wage or National Living Wage?
- Those who are self-employed, voluntary workers, company directors and family members who live in the home of the employer.