Introduction
From 1 April 2023, the National Minimum Wage (NMW) and National Living Wage (NLW) rates are increasing. If you are an employer you need to start paying the new rates on the first pay reference period on or after 1 April 2023.
Current rates
The below rates are for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age).
| Description | Hourly rate |
|---|---|
| 23 and over | £9.50 |
| 21 to 22 | £9.18 |
| 18 to 20 | £6.83 |
| Under 18 | £4.81 |
| Apprentice | £4.81 |
New rates from 1 April 2023
| Description | Hourly rate |
|---|---|
| 23 and over | £10.42 |
| 21 to 22 | £10.18 |
| 18 to 20 | £7.49 |
| Under 18 | £5.28 |
| Apprentice | £5.28 |
Apprentices
Apprentices are entitled to the apprentice rate if they are either:
- aged under 19
- aged 19 or over and in the first year of their 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 apprenticeships
For further guidance please visit HMRC website National Minimum Wage and National Living Wage rates.
We hope you have found this guide useful but as always feel free to get in touch if you have any queries.
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