National Minimum Wage & National Living Wage 2022-23

As we are getting closer to the new tax year it is important to be prepared for the changes coming in, which includes increases in NMW & NLW.

The National Living Wage (for employees aged 23 and over) will increase from £8.91/hr to £9.50/hr. The NMW for 21–22-year-olds increases to £9.18/hr, 18-20 year olds to £6.83, under 18s to £4.81 and apprentice hourly rate goes to £4.81.

23 and
over
21-2218-20Under 18Apprentice
April 2022£9.50£9.18£6.83£4.81£4.81

It is worth keeping in mind the increase comes in from the next pay reference period after the increase.

Example

The minimum wage increases on the 1st April.

An employee gets paid on the 10th of each month for work done between the 10th of the previous month to the 9th of the current month. The employee wouldn’t receive the new NMW until they are paid on the 10th May for earnings between 10th April – 9th May.