National Minimum Wage Increase

If you are one of the 1.4million people currently being paid the National Minimum Wage, then from the 1st October you will be getting a payrise! How much you will be entitled to will depend on your age with the figures set to rise as follows:

Apprentice: £3.30 per hour

Under 18: £3.87 per hour

18 to 20: £5.30 per hour

21 and over: £6.70 per hour

This represents a rise of approximately 3% for those on the National Minimum Wage. Employers need to ensure that all employees are paid at least these amounts per hour for their particular age bracket.

For any advice on PAYE, employment issues or anything else to do with this matter, please call Franklin & Co Accountants on 01305 831742.


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