National Minimum Wage rises

The National Minimum Wage (NMW) rates will increase from 1 October 2016 as follows:

 

Current rate

Rate from 1 October 2016

21-24 year olds

£6.70

£6.95

18-20 year olds

£5.30

£5.55

16-17 year olds

£3.87

£4.00

Apprentice rate*

£3.30

£3.40

From 1 April 2016 following the introduction of the National Living Wage all workers aged 25 and over are legally entitled to at least £7.20 per hour. Employers should ensure that all affected employees benefit from this new rate from 1 April 2016.

*This apprentice rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entitled to the National Minimum Wage for their age.

Internet links: Parliament Living Wage

About our team

Fiscalis was established in 2002 and today, we continue to build on our enviable reputation for providing excellent advice and first class service to our business and personal clients alike. We have many clients in the local community and service businesses, small and large, across many sectors.

Read more
Latest news

11 Apr 2016

The National Minimum Wage (NMW) rates will increase from 1 October 2016 as follows:

 

Current rate

Rate from 1 October 2016

21-24 year olds

£6.70

£6.95

18-20 year olds

£5.30

£5.55

16-17 year olds

£3.87

£4.00

Apprentice rate*

£3.30

£3.40

From 1 April 2016 following the introduction of the National Living Wage all workers aged 25 and over are legally entitled to at least £7.20 per hour. Employers should ensure that all affected employees benefit from this new rate from 1 April 2016.

*This apprentice rate is for apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entitled to the National Minimum Wage for their age.

Internet links: Parliament Living Wage

Contact details

01993 774311

Fiscalis, Dunraven House, 6 Meadow Court, 41-43 High Street, Witney, Oxon OX28 6ER

© 2024 Fiscalis. All rights reserved. We use cookies on this website, you can find more information about cookies here. powered by totalSOLUTION