Changes to National Living Wage
April 1, 2021
The National Living Wage age threshold has been lowered
The National Living Wage age threshold changes today, 1st April 2021
The Chancellor of the Exchequer, Rishi Sunak, confirmed that the age threshold for the National Living Wage has lowered from age 25 to age 23 from April 2021, making the higher rate available for more young people. This constitutes an increase of 2.2% from £8.72 to £8.91 from 1st April 2021.
The National Minimum Wage also increases on 1st April 2021, click here to read more.
What do you need to do?
You must ensure that you understand how to apply these to new rates to your apprentice’s wages. You may be required to backdate wages if you have not updated payroll records in time.
SNIPEF has a plumbing apprentice ready reckoner to assist you on what to pay plumbing apprentices. See here for the information sheet.
