What does the National Minimum Wage rise mean to an SME? Solutions

National Minimum Wage 2025 Scotland Calculator. National Minimum Wage 2024 Apprenticeship Theda Carmelita April 2025: Other Key Rate Changes National Minimum Wage and National Living Wage Effective from 1 April 2025, the following new hourly rates apply: Age 21 and over (National Living Wage): £12.21 (up from £11.44) Ages 18-20: £10.00 (up from £8.60) Ages 16-17: £7.55 (up from £6.40) Apprentices: £7.55 (up from £6.40)

Different minimum wage rates continue to apply to 18-20-year-olds, 16-17-year-olds and apprentices aged under 19 or in the first year of an apprenticeship. Check National Minimum Wage and National Living Wage rates before March 2024

Minimum Wage 2024 Washington State Calculator Binni Cherlyn

Your employee must be at least 21 years old to get the National Living Wage For 16-17 year olds and apprentices, the rate will increase to £7.. 18 to 20-year-old rate: This group will see a 16.3% increase, from £8.60 to £10.00 per hour

Largest increase to the minimum wage Tax Tips Galley & Tindle. Under 18 and apprentices: Both groups will receive an 18.0% increase, with rates moving from £6.40 to £7.55 per hour The National Minimum Wage and National Living Wage rates: age,

National minimum wage and salaries in Scotland. You can use our new minimum wage calculator for 2025 to see how these changes affect you. On the eve of the 2024 Autumn Budget, Chancellor Rachel Reeves has confirmed the National Living Wage, basically the minimum wage for people aged 21 and above, is to increase to £12.21, a rise of £0.77, starting April 2025.