From 1st April 2022, the National Minimum Wage (NMW) and National Living Wage rates are due to change.
Rate from April2021 Rate from April 2022
National Living Wage £8.91 £9.50
21-22 Year Old Rate £8.36 £9.18
18-20 Year Old Rate £6.56 £6.83
16-17 Year Old Rate £4.62 £4.81
Apprentice Rate £4.30 £4.81
Please ensure for all members of staff who do not have an hourly breakdown on their payslip, that our payroll department are made aware of their hours and rate. If we do not hold this information it may result in an incorrect pay, meaning you may be fined by HMRC.
Should you wish to discuss the changes in national minimum wage, please contact a member of the payroll team on payroll@mphaccountants.co.uk