As from 1st April 2022 the new rates are as follows:
- Over 23 year old – £9.50
- 21 – 22 year old – £9.18
- 18 – 20 year old – £6.83
- Under 18 – £4.81
- Apprentice Rate* – £4.81
- Employer Pension Contributions – 3%
- Employee Pension Contributions – 5%
*Apprentices are entitled to minimum wage for their age of they are aged 19 or over and have completed the first year of their apprenticeship.
Please contact one of the robinson+co payroll specialists if you have any more questions regarding the new rates.