CORONAVIRUS – REMEMBER NEW LIVING WAGE COMES INTO FORCE TODAY

With all of the craziness of the lockdown world, in addition to a long bank holiday weekend, you could be forgiven for missing the national living wage increases that come into force today! 

In order to help you keep up to date with these changes, please find the updated rates below:

Previous rate Rate from April 2021 Increase
National Living Wage:  WAS: £8.72  NEW RATE: £8.91   UPLIFT: 2.2%
21-22 Year Old Rate:  WAS: £8.20  NEW RATE:  £8.36   UPLIFT: 2.0%
18-20 Year Old Rate: WAS: £6.45  NEW RATE: £6.56  UPLIFT: 1.7%
16-17 Year Old Rate: WAS: £4.55  NEW RATE: £4.62  UPLIFT: 1.5%
Apprentice Rate:  WAS: £4.15   NEW RATE: £4.30   UPLIFT: 3.6%
Accommodation Offset:  WAS: £8.20  NEW RATE: £8.36   UPLIFT: 2.0%

 

If you have any questions in relation to the above changes, please contact one of our team for assistance.

 

Best wishes,

Alan

Alan Wright
Coronavirus Support Team
Switch Accountants