Welcome to Tax Driven Accountants - Minimum wage

Statutory minimum wage levels.

National Minimum Wage rates apply to employees up to the age of 20 (22 before 1 April 2024).

National Living Wage (NLW) rates apply to employees 21 and over (23 and over before 1 April 2024).

The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.

Penalties apply to employers who fail to pay minimum wages.

Age NLW 21-22 18-20 16-17 Apprentice
From 1 April 2024 £11.44 n/a £8.60 £6.40 £6.40
From 1 April 2023 £10.42 £10.18 £7.49 £5.28 £5.28
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Tax Driven Accountants, Unit 4, Ffordd Richard Davies, St Asaph Business Park, St Asaph LL17 0LJ

Tax Driven Accountants is the trading name of PSI Accountancy Limited. VAT Registration No. 937389670 Registered in England and Wales. Registered Address: Tax Driven Accountants, Unit 4, Ffordd Richard Davies, St Asaph Business Park, St Asaph LL17 0LJ . Company Number: 07250718