Payroll reminder – minimum wage rates increase on 6th April

by | Apr 3, 2024

It is important to remember that the minimum wage pay rates are increasing with effect from 1 April 2024. Failing to increase to the new rates can result in penalties being charged.

The new minimum wage payment rates are set out below:

 2023/24 rate2024/25 rate
21 and over (previously 23 and over)£10.42£11.44
18 to 20£7.49£8.60
Under 18£5.28£6.40
Accommodation Offset£9.10£9.99

If you need help with any aspect of your payroll, please do not hesitate to call us. We will be happy to help!