Chartered Management Accountants and Consultancy Services for Small and Medium Sized Businesses

New National Living & National Minimum wage rates from 1st April 2017

From the 1st April 2017, the National Living Wage & National Minimum Wage rates will be increased as follows:-

• £7.50 per hour - 25 yrs old and over
• £7.05 per hour - 21-24 yrs old
• £5.60 per hour - 18-20 yrs old
• £4.05 per hour - 16-17 yrs old
• £3.50 for apprentices under 19 or 19 or over who are in the first year of 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

Any changes to the National Living Wage & National Minimum Wage, will both now take place every April.

If you have any queries with regard to, the National Living Wage & National Minimum Wage, please do not hesitate to contact us.

Gallery

Please install Flash® and turn on Javascript.


Recent Articles

Please feel free to browse our latest articles:-

tickProtect yourself against HMRC penalties in the event of an enquiry

tickNew Workplace Pension rates from 6th April 2018

tickNew National Living & National Minimum wage rates from 1st April 2018

tickNew National Living & National Minimum wage rates from 1st April 2017

tickPossible NIC & tax saving on Director's salary

Click here to view all of our news articles >>

See us on You Tube

For a no obligation discussion about how we can help your business,
contact Kenneth or Amanda Aldred here.