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Home Archive for category "PAYE Forms, Tax & NIC Rates"
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National Minimum Wage Rate Increase 1 October 2011

 

From 1 October 2011 the national minimum wage (NMW) rates are set to change. The following rates will apply:

£6.08 per hour for workers aged 21 years old and over

£4.98 per hour for workers aged 18 to 20 years old

£3.68 per hour for workers above school leaving age but under 18 years old

£2.60 for apprentices under the age of 19 years old or aged 19 years old or over and in the first year of their apprenticeship

The age threshold for the main rate, the rate for workers aged 21 years old and over was reduced from 22 to 21 on 1 October 2010.

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