National Living Wage - April 2020 increases
On New Year’s Eve the government announced increases to the National Minimum Wage (NMW) and National Living Wage (NLW) rates to take effect from April 2020. The new rates have been recommended by the Low Pay Commission, and have now satisfy the target set by the Government in 2015 of the NLW equalling 60% of median earnings by 2020.
The new rates will be as follows:
Current Hourly Rate
New Hourly Rate (April 2020)
NLW for ages 25 and above
NMW for 21-24 year olds
NMW for 18-20 year olds
NMW for under 18s
** The Accommodation Offset is an allowable deduction from wages for accommodation, applicable for each day of the week.