The Government has confirmed that with effect from 1 April 2023, the hourly rates of the national minimum wage (NMW) and national living wage (NLW) will be increased as follows:
• The NLW for workers aged 23 and over increases from £9.50 to £10.42 per hour.
• The NMW for 21 to 22-year-olds increases from £9.18 to £10.18 per hour.
• The NMW for 18 to 20-year-olds increases from £6.83 to £7.49 per hour.
• The NMW for 16 to 17-year-olds increases from £4.81 to £5.28 per hour.
• The apprentice rate increases from £4.81 to £5.28 per hour.
The accommodation offset amount would increase from £8.70 to £9.10.
The proposed increases accord with the recommendations from the Low Pay Commission. If you have any queries relating to the National Minimum Wage please contact our specialist Employment Law Team on 0345 646 0406 or fill in our online enquiry form and a member of the team will be in touch.