News
Reminder: National Living Wage set to increase from April
15 January 2020
On 1 April 2020 the Government will introduce increases to the National Living and Minimum Wage.
From this date the National Living Wage (NLW) will rise from £8.21 to £8.72 per hour and will mean that 2.8 million full-time workers will see a £930 boost to their annual earnings.
The Government claims that the introduction of the NLW, which is available to those aged 25 and over, has delivered the fastest pay rise for the lowest earners in 20 years.
From April workers who are paid the National Minimum Wage (NMW) will also see their pay increase. The table below outlines the new rates of pay:
| Year | 25 and over | 21 to 24 | 18 to 20 | Under 18 | Apprentice |
April 2019 (current rate) | £8.21 | £7.70 | £6.15 | £4.35 | £3.90 |
April 2020 | £8.72 | £8.20 | £6.45 | £4.55 | £4.15 |
As well as increasing the NLW, the Chancellor Sajid Javid has said that the Government intends to expand the reach of the NLW to cover workers aged 23 and over from April 2021, and to those aged 21 and over within five years.
Case Studies
-
Smiles all round for dental practice
-
A taste for growth, a thirst for knowledge
-
A shared passion for architecture and a head for numbers
-
Cut above the rest in personal management style
-
Customer care is top of the list for packaging business
-
Child's play with proactive accounts management
-
A modern approach required for music moguls
-
Taxing demands with old school charm
-
Sometimes a business does exactly as it says on the tin