19 Oct 2015 | Category: Money, Payroll, SME's
…The National Minimum Wage has gone up from 1st October! ( as per Gov.UK website )
The National Minimum Wage rate per hour depends on your age and whether you’re an apprentice – you must be at least school leaving age to get it.
Year 21 and over 18 to 20 Under 18 Apprentice*
2015 (current rate) £6.70 £5.30 £3.87 £3.30
And make a note of the national living wage coming in next year.
From April 2016, the national living wage will be £7.20 an hour for workers aged 25 and older. The minimum wage will still apply for workers aged 24 and under.
Lisa Eastwood – Finance Manager