Minimum wage

Minimum wage

National Minimum Wage rates apply to employees up to the age of 20 (22 before 1 April 2024).

National Living Wage (NLW) rates apply to employees 21 and over (23 and over before 1 April 2024).

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.

Age NLW 21-22 18-20 16-17 Apprentice
From 1 April 2024 £11.44 n/a £8.60 £6.40 £6.40
From 1 April 2023 £10.42 £10.18 £7.49 £5.28 £5.28

Download our TaxApp Today

Tax rates, tips and calculators at your fingertips

Using the latest technology, our App has been developed to provide you with useful tax tools and information via your mobile device. Available for all mobile phones and devices.

Download for FREE now and simply save to your home screen.

The Ollis & Co TaxApp will always be technically up to date and keep you reliably informed.