National Minimum Wage Rates for 1 April 2022

The government have confirmed the increases in the hourly National Minimum Wage rates for 1 April 2022. Please find the table below showing the rate currently for the 21/22 tax year along with the new rate coming in for the 22/23 tax year.

 

Category Current rate (2021/2022 tax year) New rate for 1 April 2022 (2022/2023 tax year)
National Living wage (23+) £8.91 £9.50
Age 21-22 £8.36 £9.18
Age 18-20 £6.56 £6.83
Under 18 £4.62 £4.81
Apprentice rate £4.30 £4.81

 

This will mean someone who is 23 or older earning the National Living Wage who works 37 hours a week will earn £1,135.16 more per year, equating to over £94 a month.

 

If you have any queries with regards to this please get in touch with us on 01492 593345.