National Minimum Wage Increase

In April legislation comes in to increase the National Living Wage (NMW).

Here is a breakdown of the new salary rates that apply from April 2020 onwards.

  • The National Living Wage for ages 25 and above – up 6.2% to £8.72
  • The National Minimum Wage for 21 to 24-year-olds – up 6.5% to £8.20
  • 18 to 20-year-olds – up 4.9% to £6.45
  • Under-18s – up 4.6% to £4.55
  • Apprentices – up 6.4% to £4.15

If Normans Bookkeeping and Payroll Ltd process your payrolls, do not worry, we will make any salary amendments necessary.

 

 

 

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