National Minimum Wage and National Living Wage

As announced in the Autumn Statement 2016, the National Minimum Wage (NMW) and the National Living Wage (NLW) will increase from April 2017. The government accepted all of the Low Pay Commission's recommendations for the NMW, and the new hourly rates are outlined below.

  Apprentices* 16 and 17 18–20 21 - 24 25 and over
National Minimum Wage £3.50 £4.05 £5.60 £7.05 -
National Living Wage - - - - £7.50

*Under 19, or 19 or over and in the first year of their apprenticeship.

The government has now aligned the NMW and NLW cycles so that any future increases in rates will occur in April each year.

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Davis Bonley, Northside House, Mount Pleasant, Barnet, Hertfordshire EN4 9EE , Davis Bonley is a trading name of Davis Bonley Limited, Northside House, Mount Pleasant, Barnet, Herts EN4 9EE. Company registration number 08989322. Regulated as auditors and regulated for a range of investment business activities by the Association of Chartered Certified Accountants. Awarded approved employer status for Association of Chartered Certified Accountants trainee and practising certificate development.

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