Minimum Wage Rates Increase 2023
Minimum wage rates increase from 1st April 2023
Employers should be aware that all minimum wage rates increase on 1st April of each year.
This includes all National Minimum Wage rates and the National Living Wage rate.
See the table below that shows the current minimum wage rates and new rates from April 2023:
| Current rate (since April 2022) | New rate from April 2023 | Increase | |
|---|---|---|---|
| National Living Wage (23 years old and over) | £9.50 | £10.42 | 9.7% |
| National Minimum Wage adult rate (21-22 years old) | £9.18 | £10.18 | 10.9% |
| National Minimum Wage (18-20 years old) | £6.83 | £7.49 | 9.7% |
| National Minimum Wage (16-17 years old) | £4.81 | £5.28 | 9.8% |
| National Minimum Wage (apprentice rate) | £4.81 | £5.28 | 9.8% |
| Accommodation Offset | £8.70 | £9.10 | 4.6% |
Find out more on the Gorvernment’s website at: National Minimum Wage and National Living Wage rates – GOV.UK (www.gov.uk)