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info@rllaw.co.ukNational Minimum and Living Wage Increases
On 17 November 2022, in the Autumn statement, it was confirmed that the National Living Wage, paid to those 23 and over, will rise to £10.42 from 1 April 2023, as recommended by the Low Pay Commission. This is an increase of just under 10%, the largest ever increase to the NLW.
Additionally, changes to the National Minimum Wage have also been announced. The increases are set out below.
| Rate from April 2023 | Current rate (April 2022 to March 2023) | Increase | |
|---|---|---|---|
| National Living Wage | £10.42 | £9.50 | 9.7% |
| 21-22 Year Old Rate | £10.18 | £9.18 | 10.9% |
| 18-20 Year Old Rate | £7.49 | £6.83 | 9.7% |
| 16-17 Year Old Rate | £5.28 | £4.81 | 9.7% |
| Apprentice Rate | £5.28 | £4.81 | 9.7% |
| Accommodation Offset | £9.10 | £8.70 | 4.6% |
24/11/2022
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