The Government has accepted the Low Pay Commission’s recommended rates for the National Living Wage (NLW) and the National Minimum Wage (NMW) that will apply from 1 April 2018. These are as follows:
The NLW, which applies to those aged 25 and over, will increase from £7.50 to £7.83 per hour;
The NMW for 21- to 24-year-olds will increase from £7.05 to £7.38 per hour;
The NMW for 18- to 20-year-olds will increase from £5.60 to £5.90 per hour;
The NMW for 16- and 17-year-olds will increase from £4.05 to £4.20 per hour; and
The apprentice rate of the NMW, which applies to apprentices aged under 19 or those aged 19 or over and in the first year of their apprenticeship, will increase from £3.50 to £3.70 per hour.
The accommodation offset will increase from £6.40 to £7.00 per day for each day during the pay period that accommodation is provided.