National Minimum Wage: new rates from 1 April 2018
In the biggest rise in National Minimum Wage (NMW) rates for those under 25 for a decade, new rates apply from 1 April 2018.
18-20 and 21-24 year-olds see increases of 4.7% and 5.4% respectively. There is also a 4.4% increase in the National Living Wage (NLW) for those aged 25 and over.
NMW and NLW vary depending on age and whether or not a worker is an apprentice.
|
Rate from 1 April 2018 |
NLW for workers aged 25 and over |
£7.83 |
the main rate for workers aged 21-24 |
£7.38 |
the 18-20 rate |
£5.90 |
the 16-17 rate for workers above school leaving age but under 18 |
£4.20 |
the apprentice rate * |
£3.70 |
*for apprentices under 19, or 19 or over and in the first year of their apprenticeship
There are no exemptions from paying NMW on the grounds of the size of the business.
Got a question?
Why not fill out our quick contact form below and a member of the team will respond shortly.
Receive our FREE monthly eNEWS, keeping you up to date with the latest news.
Registration on our website is quick and simple. On registration you will benefit from:
- Our FREE monthly eNEWS email newsletter which will keep you up to date with the latest news (this service is optional)
- On registration we'll email FREE resources to you with our compliments.
You only have to register once. You will be given a username and password that you can use at any time to log back into our website.
Register here