National Minimum Wage 2023

The current rates for the National Living Wage (NLW) and National Minimum Wage (NMW) will increase with effect from 1 April 2023, as announced by the Government in November 2022.

These rates are for the NLW (for those aged 23 and over) and the NMW (for those of at least school leaving age) are detailed below:

National Minimum Wage 23 and over 21 to 22 18 to 20 Under 18 Apprentice
April 2022 (current rate) £9.50 £9.18 £6.83 £4.81 £4.81
April 2023 £10.42 £10.18 £7.49 £5.28 £5.28

Apprentices

Apprentices are entitled to the apprentice rate if they’re either:

  • aged under 19
  • aged 19 or over and in the first year of their apprenticeship

Example
An apprentice aged 21 in the first year of their apprenticeship is entitled to a minimum hourly rate of £4.81.
Apprentices are entitled to the minimum wage for their age if they both:

  • are aged 19 or over
  • have completed the first year of their apprenticeship

Example
An apprentice aged 21 who has completed the first year of their apprenticeship is entitled to a minimum hourly rate of £9.18.

The National Living Wage rates wef 1 April 2023
National Living Wage Rate from April 2023 Current rate (April 2022 to March 2023) Increase
National Living Wage £10.42 £9.50 9.7%
21-22 Year Old Rate £10.18 £9.18 10.9%
18-20 Year Old Rate £7.49 £6.83 9.7%
16-17 Year Old Rate £5.28 £4.81 9.7%
Apprentice Rate £5.28 £4.81 9.7%
Accommodation Offset £9.10 £8.70 4.6%

To find out more information on NMW and NLW visit gov.uk

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Merton Chamber of Commerce Ltd
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