In brief

The National Living Wage (which will apply for the first time to 21 and 22-year-olds) and the National Minimum Wage rates, which will take effect from 1 April 2024, have been announced.

Key takeaways

The government has announced that it has accepted the Low Pay Commission's recommendations on minimum wage rates.

From 1 April 2024, the National Living Wage for workers aged 21 or over (previously, it applied only to those aged 23 or above) will rise from GBP 10.42 to GBP 11.44 per hour.

The National Minimum Wage will be:

  • For 18 to 20-year-olds from GBP 7.49 to GBP 8.60 per hour.
  • For 16 to 17-year-olds and for apprentices under 19 and in their first year of apprenticeship, from GBP 5.28 to GBP 6.40 per hour.

The daily accommodation offset will rise from GBP 9.10 to GBP 9.99.