Minimum wage

National Minimum Wage rates apply to employees up to the age of 24.

National Living Wage rates apply to employees 25 and over.

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 25+ 21-24 18-20 16-17 Apprentice
From 1 April 2018 £7.83 £7.38 £5.90 £4.20 £3.70
From 1 April 2017 £7.50 £7.05 £5.60 £4.05 £3.50

The Insolvency licence holders of this practice are licensed as insolvency practitioners in the UK by the Institute of Chartered Accountants in England and Wales