Changes to the NMW
The National Minimum Wage, officially known as the National Living Wage is set to increase from the 1st April 2024.
The NMW will increase by more than a pound per hour.
Rates from 1 April 2024
From 1 April 2024, if you’re aged 21 and over you will be entitled to the new National Living Wage, marking a positive shift for workers.
At Parker & Co Accountants, we’re committed to ensuring a seamless transition to the new wage structure for all eligible employees.