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

15 Jan 2025

UK inflation dips to 2.5% in December

UK inflation dipped in December for the first time in three months, according to the latest data from the Office for National Statistics (ONS).

14 Jan 2025

Prime Minister Keir Starmer has indicated that the government intends to use Artificial Intelligence (AI) to help boost UK growth.

13 Jan 2025

The Chartered Institute of Taxation (CIOT) is calling on the government to address unfair tax rules as interest rates on late payments rise.