MINIMUM WAGE

Are you paying the correct rates of pay to your employees?

The rates from 1 April 2017 are:

  • £7.50 per hour – 25 yrs old and over
  • £7.05 per hour – 21-24 yrs old
  • £5.60 per hour – 18-20 yrs old
  • £4.05 per hour – 16-17 yrs old
  • £3.50 per hour for apprentices under 19 or 19 & over who are in the first year of apprenticeship.

Previous rates

  • The following rates were for the National Living Wage and the National Minimum Wage from October 2016.

 

Year

25 and over

21 to 24

18 to 20

Under 18

Apprentice

October 2016 to March 2017

£7.20

£6.95

£5.55

£4.00

£3.40

 

 

 

 

 

 

 

Our commentary on the Chancellor's Autumn Statement for 2014 is now available in the downloads section of the web site as a pdf.  Download here.

Peter Jackson stands proudly by one of his two water colours which now hang in the waiting room at Dalton Pardoe chartered accountants in Kingswinford.

Read more: Water Colours of the Black Country