Fixed Fee Accounting Services For
Malmesbury and the Surrounding Areas
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The new National Living Wage 2018 (NLW) and the National Minimum Wage (NMW) increase each April, the new rates of pay are the minimum that employers can pay for all pay dates after April 1 2018.
The new rates of pay are seen below and are dependent upon the employees age, when the employee reaches the age criteria their rate of pay must increase to at least that shown in the table below: The Current year (2017-18) is shown for comparison.
Year 25 and over 21 to 24 18 to 20 Under 18 Apprentice
April 2017 £7.50 £7.05 £5.60 £4.05 £3.50
April 2018 £7.83 £7.38 £5.90 £4.20 £3.70
If you would like specific advice on your personal circumstances, please call us on 01666 822256 and we will be happy to assist. If you require an online quote for your payroll you can obtain this from our dedicated payroll site at www.pga-payrollservices.co.uk