The National Minimum Wage (NMW) and National Living Wage (NLW) will increase for all age groups, on 1 April 2018.
The following rates will apply from this date:
|Year||25 and over||21 to 24||18 to 20||Under 18||Apprentice|
|April 2017 (current)||£7.50||£7.05||£5.60||£4.05||£3.50|
Failing to pay the correct statutory wage could result in severe penalties, including the possibility of a business being publicly named and shamed.
If you are concerned about rising employment costs or you would like assistance with managing your payroll, please speak to our team today.