You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Employers should be aware that all minimum wage rates increase on 1 April of each year. This includes all National Minimum Wage rates and the National Living Wage rate.
See the table below that shows the current minimum wage rates and new rates from April 2023:
Current rate (since April 2022)
New rate from April 2023
Increase
National Living Wage (23 years old and over)
£9.50
£10.42
9.7%
National Minimum Wage adult rate (21-22 years old)
£9.18
£10.18
10.9%
National Minimum Wage (18-20 years old)
£6.83
£7.49
National Minimum Wage (16-17 years old)
£4.81
£5.28
9.8%
National Minimum Wage (apprentice rate)
Accommodation Offset
£8.70
£9.10
4.6%
See: National Minimum Wage and National Living Wage rates - GOV.UK (www.gov.uk)
The UK Government has published the proposed statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay, parental bereavement pay, and sick pay from April 2023.
The rates normally increase each April in line with the consumer price index (CPI) and the increase normally occurs on the first Sunday in April, which in 2023 is 2 April.
See: Benefit and pension rates 2023 to 2024 - GOV.UK (www.gov.uk)
08 Apr 2026
HMRC's large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO).
HMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows.
We are delighted to share some exciting news with you. We have officially merged with Wilson Partners – bringing our two businesses together to better serve our clients.