top of page

National Minimum Wage rates from April 2023

National Living Wage (NLW) rates (for those over 23 years old) and National Minimum Wage (NMW) rates (for those under 23 years old) will rise from 1 April 2023.

The NLW increase of 92p represents a 9.7% rise, equivalent to an annual increase of around £1,670 for a full-time worker.

In summary, effective 1 April 2023, the following minimum wage rates will apply:

Plan ahead

Ensure your payroll procedures are up to date and consider notifying staff ahead of time in writing (even via a note on their payslip). This transparency is likely to be well received and could help build positive employee relations. It also offers an opportunity to explain that any overtime worked during a pay reference period before introducing the new rates (even if payable after these have been introduced) will be paid at the previous rate. For further details and more rates visit

Pension contribution rates

If you employ staff and run a pension scheme, the minimum contributions rates remain the same with no more planned increases:

  • Employer minimum pension contribution 3% and staff contribution 5%

*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

Would you like help to pay less tax? Feel free to get in touch or check out our related posts 👇

27 views0 comments


Commenting has been turned off.
bottom of page