NLW & NMW Increase April 1st 2023


National Living Wage & National Minimum Wage

will be increasing to the following from April 1st 2023

NLW – £10.42 per hour

21-22 – year olds – £10.18 per hour

18 – 20 – year olds –  £7.49 per hour

16-17-year olds  – £5.28 per hour

Apprentices Rate  – £5.28 per hour

Employers NI will remain at 13.8%

with the weekly primarily threshold staying at 242.