Update Minimum Wage Rate

Here is a little update on minimum wage rates from April 2017.

These rates are for the National Living Wage and the National Minimum Wage. The rates change every April.

From April 2017

• 25 years old and over – £7.50
• 21-24 years old – £7.05
• 18 to 20 years old – £5.60
• Under 18 years old – £4.05
• Apprentice – £3.50

You can use the following calculator to check whether the National Minimum Wage or National Living Wage is being paid.

https://www.gov.uk/am-i-getting-minimum-wage

Below is the link to read the information on who is entitled to the minimum wage;

https://www.gov.uk/national-minimum-wage/who-gets-the-minimum-wage

By Shahzad Niazi|2022-10-03T10:29:21+00:00April 5th, 2017|Taxes|Comments Off

About the Author: Shahzad Niazi

Shahzad is the founder of Berkshire Accountants Limited, and driver behind the success of the business. He studied ACCA at the London College of Accountancy in 2007 before moving to Reading, where he worked in different accounting firms before setting up his own. He is experienced in all areas of business accounting, along with statutory audit requirements. He also supervises VAT, payroll within the firm. Shahzad is experienced in Solicitors firms (accounts, Tax and accountants report for SRA). In spare time, Shahzad likes to spend time with his family and he also enjoys a bit of work out.

Update Minimum Wage Rate