The National Living Wage and Minimum wage will change on 1 April when new rules announced in 2017 come into effect.
1 April will also see an increase to the Personal Allowance from £11,500 to £11,850.
New minimum wage rates for 2018
Aged 21 – 24 will raise from £7.50 per hour to £7.83 per hour
Age 18 – 20 will raise from £5.60 per hour to £5.90 per hour
Aged below 18 will increase from £4.05 per hour to £4.20 per hour
The apprentice rate currently £3.50 per hour will increase to £3.70 per hour.
Apprentices are entitled to the apprentice rate if they are either aged 19 or under, or aged 19 or over and are in their first year of apprenticeship.
If you would like further information and guidance, then please contact Lee Reynolds or Sam Robinson on 01788 539000.