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The government have announced the rise in the National Minimum Wage and National Living Wage from April 2022 and with less than a week until the changes come into effect, it’s important your business understands the new rates to avoid not complying with the regulations and other common pitfalls.
By law, your employer must pay a minimum amount on average for the hours you work. This is called the:
Employers should update their payroll to take the NMW/NLW adjustments from 1st April 2022 into account. Employees should be informed of the raise in writing as well.
Current Rates | Rates from April 2022 | Rates from 01st April 2022 | Increase |
23 years and over | £8.91 per hour | £9.50 per hour | 6.6% |
21 – 22 years old | £8.36 per hour | £9.18 per hour | 9.8% |
18 – 20 years old | £6.56 per hour | £6.83 per hour | 4.1% |
16-17 years old | £4.62 per hour | £4.81 per hour | 4.1% |
Apprentices under 19 or 19 or over who
are in the first year of apprenticeship |
£4.30 per hour | £4.81 per hour | 11.9% |
Our expert staff at OMS are happy to help, if you have any problems or queries regarding your payroll or accounting needs at info@oms.uk.com
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