Are you prepared?
The National Living Wage (NLW) and National Minimum Wage (NMW) which will come into force from April 2023.
The rates which will apply from 1 April 2023 are as follows:
| Rates | Rate from April 2023 |
|---|---|
| National Living Wage | £10.42 |
| 21-22 Year Old Rate | £10.18 |
| 18-20 Year Old Rate | £7.49 |
| 16-17 Year Old Rate | £5.28 |
| Apprentice Rate | £5.28 |
| Accommodation Offset | £9.10 |
Our expert accountants are on hand to help you – why not book in a free consultation with one of our team to discuss your situation? Our financial services are available nationwide, including: Accrington, Bamber Bridge, Buckshaw Village, Blackburn, Burnley, Chorley, Colne, Clitheroe, Darwen, Hurst Green, Lancaster, Lostock Hall, Longridge, Leyland, Penwortham, Preston, Skipton and the surrounding areas.
