National Minimum Wage & National Living Wage Increase 2020

Employees are set to receive a pay boost when the new National Minimum Wage (NMW) and National Living Wage (NLW) rates increase with effect from 1 April 2020. HM Revenue & Customs have uploaded the new rates online and rates will increase as follows:

Aged 25 and above (NLW)£8.72
Aged 21 to 24 inclusive£8.20
Aged 18 to 20 inclusive£6.45
Aged under 18 (but above compulsory school leaving age)£4.55
Apprentices aged under 19£4.15
Apprentices ages 19 and over but in the first year of their apprenticeship£4.15

There is plenty of advice on the gov.uk website with regards to who is entitled to the minimum and living wage and also what types are not entitled – please follow the link below:

https://www.gov.uk/national-minimum-wage-rates