Increase in 2021/2022 & 2022/2023 National Living Wages

National Living Wage has been announced to increase from Aril 2021 .

We have extracted details of this new scheme from government website and is shown below;

The National Living Wage will increase by 2.2 per cent from £8.72 to £8.91, and will be extended to 23 and 24 year olds for the first time. For workers aged under 23, Commissioners recommended smaller increases in recognition of the risks to youth employment which the current economic situation poses

April 2021 April 2022 Increase April 2022 April 2023 Increase

National Living Wage £8.91 £9.50 6.6% £9.50 £10.42 9.6%

21-22 Year Old Rate £8.36 £9.18 9.8% £9.18 £10.18 10%

18-20 Year Old Rate £6.56 £6.83 4.1% £6.83 £7.49 9.6%

16-17 Year Old Rate £4.62 £4.81 4.1% £4.81 £5.28 9.7%

Apprentice Rate £4.30 £4.81 11% £4.81 £5.28 9.7%

Accommodation Offset £8.20 £8.36 2.0%

We are happy to assist you in this matter and should you require any advice or help , please do not hesitate to connect us by telephone on 020-89623400 or 07956223876 or by email on info@capitalaccountants.co.uk

CUSTOMER SERVICES DEPARTMENT