Payroll reminder - minimum wage rates increased on 1 April

It is important to remember that the minimum wage pay rates increased from 1 April 2024. Failing to increase to the new rates can result in penalties being charged.

It is important to remember that the minimum wage pay rates increased from 1 April 2024. Failing to increase to the new rates can result in penalties being charged.

The new minimum wage payment rates are set out below:

 

2023/24 rate

2024/25 rate

21 and over (previously 23 and over)

£10.42

£11.44

18 to 20

£7.49

£8.60

Under 18

£5.28

£6.40

Apprentice

£5.28

£6.40

Accommodation Offset

£9.10

£9.99

If you need help with any aspect of your payroll, please do not hesitate to call us. We will be happy to help!

See: https://www.gov.uk/national-minimum-wage-rates

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