National Living Wage to rise from 1 April 2022

From 1 April 2022, the National Living Wage (NLW) will increase by more than 50p an hour to £9.50 for all those aged 23 and over. The National Minimum Wage (NMW), which applies to workers above school leaving age but under 23, and the apprentice rate will also increase.

The NLW and NMW rates will increase as follows:

*Applies to people aged under 19, or people over 19 but in the first year of their apprenticeship. If apprentices are older than 19 and have finished the first year of their apprenticeship, they are entitled to the relevant minimum wage for their age group.

You can calculate if the correct minimum wage has been applied by using the GOV calculators for workers and for employers.

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If you would like to outsource your payroll function to our knowledgeable experts, allowing you to focus on the day-to-day running of your business, please contact our EQ Accounting team on info@eqaccounting.co.uk or call 01382 312140.