
The government has announced in its Autumn Statement the increases for the National Living Wage (NLW) from 1 April 2023. These are:
Age 23 or over (NLW rate): £10.42 (up 9.7% from £9.50). |
Age 21 to 22: £10.18 (up 10.9% from £9.18). |
Age 18 to 20: £7.49 (up 9.7% from £6.83). |
Age 16 to 17: £5.28 (up 9.7% from £4.81). |
Apprentice rate: £5.28 (up 9.7% from £4.81). |
Accommodation offset amount: £9.10 (up 4.6% from £8.70). |
Legislation will follow to implement this.
The contents of this article is a general guide only at the date of publication. It is not comprehensive and it does not constitute legal advice. Specific legal advice should be sought in relation to the particular facts of a given situation.
Following the recommendations of the independent Low Pay Commission (LPC), the government will increase the NLW for individuals aged 23 and over by 9.7% to £10.42 an hour from 1 April 2023. This represents an increase of over £1,600 to the annual earnings of a full-time worker on the NLW and is expected to benefit over 2 million low paid workers.
https://www.gov.uk/government/publications/autumn-statement-2022-documents/autumn-statement-2022-html#welfare-work-and-pensions