National Minimum Wage and National Living Wage Rates 2022-23

April 1st, 2022 | Posted in PAYE, Payroll, Small Business

The National Living Wage is applicable to all employees aged 23 and over.  The rate increased to £9.50 from 1st April 2022.  The National Minimum Wage applies to all other employees under 23.  The table below summarises the National Minimum Wage and Living Wage rates for the year commencing on 1 April 2022 and these are the minimum hourly rates that employees are entitled to by law.  The apprentice rate applies to apprentices under the age of 19, or to those aged 19 and over but in their first year of apprenticeship.

Date Applicable From 23 and over 21 – 22 18 – 20 Under 18 Apprentice
1 April 2022 £9.50 £9.18 £6.83 £4.81 £4.81

Note that the above rates do not apply to the self-employed.

HMRC have finally launched a consultation to address concerns about Repayment Agents who make tax refund claims for clients for a commission fee of 50% of more https://www.mynewsdesk.com/uk/hm-revenue-customs-hmrc/pressreleases/hmrc-launches-consultation-to-address-concerns-about-repayment-agents-3190413

Freelance tax reforms leave traps for the unwary https://www.ft.com/content/adb1742a-2ad6-461d-bf9f-674b3be37cda #IR35

Good luck to all those about to sit their GCSEs and A levels. My eldest starts her GCSEs today, woke up with that same fluttery feeling of sitting my own GCSEs all those years ago!

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