Call 0117 254 1166 - Email info@elitefinancialaccounting.com

National Minimum Wage rises

The National Minimum Wage (NMW) rates will increase from 1 October 2016.

The National Minimum Wage (NMW) rates will increase from 1 October 2016 as follows:

 

Current rate

Rate from 1 October 2016

21-24 year olds

£6.70

£6.95

18-20 year olds

£5.30

£5.55

16-17 year olds

£3.87

£4.00

Apprentice rate*

£3.30

£3.40

From 1 April 2016 following the introduction of the National Living Wage all workers aged 25 and over are legally entitled to at least £7.20 per hour. Employers should ensure that all affected employees benefit from this new rate from 1 April 2016.

*This apprentice rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entitled to the National Minimum Wage for their age.

Internet links: Parliament Living Wage

Receipt Bank xero.png
Copyright

© 2019 Elite Financial Accounting. All rights reserved.

powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.
Contact Us

Please call:
0117 254 1166


Quick links

Home | Cheltenham Accountants | Bristol Accountants | Contact us | Site map | Accessibility | Disclaimer | Help |

Bristol Office
Elite Financial Accounting, 609 Fishponds Road, Fishponds, Bristol, Avon BS16 3AA
Cheltenham Office
Elite Financial Accounting, 111 The Promenade, Cheltenham, Gloucestershire GL50 1NW

No 08659473, 609 Fishponds Road, Bristol, BS16 3AA. Registered in England and Wales