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The new National Living Wage and National Minimum Wage rates will come into force from 1 April 2025.
There are also changes to the National Insurance employers pay that take effect from 6 April. For many businesses, the April payroll will represent a sizeable step up in labour costs.
As a reminder, here is a quick recap of the changes.
The new minimum wage rates are as follows:
Hourly rate
National Living Wage (21 and over) £12.21
18-20 year old rate £10.00
16-17 year old rate £7.55
Apprentice rate £7.55
Accommodation offset £10.66
The information provided in this blog is for general informational purposes only and should not be considered professional advice. As far as we are aware, the content is accurate at time of publication. Torgersens assumes no responsibility for errors or omissions in the content or for any actions taken based on the information provided.
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