The Government has announced the National Living Wage – NLW (for those aged 23 and over) and the National Minimum Wage – NMW (for those of at least school leaving age) rates which will come into force from 1st April 2023. The National Living Wage will increase by 9.7 per cent from £9.50 to £10.42.
From 1st April 2023, the National Living Wage (NLW) will be the statutory minimum wage for workers aged 23 and over. The full scales of rates for other ages are below;
Rate from April 2022 | Rate from April 2023 | Increase | |
---|---|---|---|
National Living Wage | £9.50 | £10.42 | 9.7% |
21-22 Year Old Rate | £9.18 | £10.18 | 10.9% |
18-20 Year Old Rate | £6.83 | £7.49 | 9.7% |
Under 18 Rate | £4.81 | £5.28 | 9.7% |
Apprentice Rate | £4.81 | £5.28 | 9.7% |
The above rates should be applied to payments relating to work completed on or after 1st April 2023.