The National Living Wage and the National Minimum Wage rates will increase from 1 April 2023 as follows:
Rate from April 2023 | Current rate (April 2022 to March 2023) | Increase | |
---|---|---|---|
National Living Wage | £10.42 | £9.50 | 9.7% |
21-22 Year Old Rate | £10.18 | £9.18 | 10.9% |
18-20 Year Old Rate | £7.49 | £6.83 | 9.7% |
16-17 Year Old Rate | £5.28 | £4.81 | 9.7% |
Apprentice | £5.28 | £4.81 | 9.7% |
Accommodation Offset | £9.10 | £8.70 | 4.6% |