09 Mar National minimum Wage Increase – 2021
NATIONAL AND MINIMUM WAGE INCREASE APRIL 2021
The government previously announced that the national living wage will increase by 2.2% in April 2021 and will be extended to 23 and 24 years. For workers aged under 23, Commissioners recommended smaller increases in recognition of the risks to youth employment which the current economic situation poses.
EA Assist offers payroll solutions bespoke to your needs to ensure you pay your staff accurately and on time every time. We can provide payroll support for 1 or 100 employees and help with work place pensions administration. To find out more give us a call now on 01379 646943.
The new rates from April 2021:
|Age||Now||From April 2021|
|23 and over||£8.72||£8.91||National Living Wage|
|21 to 22||£8.20||£8.36|
|18 to 20||£6.45||£6.56|
You must be school leaving age, see the government guide lines on school leaving age, to get the National Minimum wage and aged 23 or over to get the National Living Wage.
The government website will help you work out minimum wages for different types of work if your employees are not paid by the hour. To find about more about this click here.
There is also the Real Living Wage, and Living London wage, find out more here: https://www.livingwage.org.uk/what-real-living-wage
In the most recent Budget the Chancellor announced the extension of the apprenticeship hiring incentive in England to September 2021 and an increase of payment to £3,000. Find out more here.
The Kick Start scheme is available for employers regarding 16 – 24 year olds – you can find out more here.
Find out how we can help you free up you time to focus on your business. We can manage your payroll function by ensuring we file and report on time and accurately. We can offer digital payslips or printed – depending on what you would like. Find out more about our payroll services here.