From 1 April the national living wage for employees aged 25 and over will rise from £8.21 to £8.72.

The other minimum wage hourly rates will increase as follows:

• for 21 to 24 year olds from £7.70 to £8.20;
• for 18 to 20 year olds from £6.15 to £6.45;
• for 16 to 17 year olds from £4.35 to £4.55; and
• for apprentices aged under 19 or in the first year of their apprenticeship from £3.90 to £4.15

As with all of our tax tips and web pages this information is necessarily summarised and of a general nature.  If you would like detailed specific advice please contact us.