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Statutory minimum wage levels.
National Minimum Wage rates apply to employees up to the age of 20.
National Living Wage (NLW) rates apply to employees 21 and over.
The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.
Penalties apply to employers who fail to pay minimum wages.
Why not contact us today for FREE Initial Consultation for better Tax Planning and Cash flow.
Increases to the National Living Wage and National Minimum Wage took effect from 1 April.
Chancellor Rachel Reeves announced 'no further tax increases' in the 2025 Spring Statement.
Regulated for range of Investment business activities by the Association of Chartered Certified Accountants (ACCA) in England & Wales.