Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

Employers in the UK must pay a National Minimum Wage to almost all workers. The minimum amount that should be paid by law varies according to the age of the employee. HM Revenue & Customs are responsible for the enforcement of the National Minimum Wage, and any employer found not to be compliant with the law may be charged penalties.

The rates for the National Minimum Wage are updated in October every year, with three aged based rates and one for apprentices. Apprentices who are aged below 19 years are paid a minimum of £2.60 per hour. If the apprentice is aged 19 or over, and on their first year of the apprenticeship, they will be paid £2.60 per hour. Once they have completed the first year, the hourly rate increases to the minimum amount for their age.

Employees who are aged 21 or above are paid £6.08 per hour. If an employee is aged 18 to 20 years old, they will be paid £4.98 per hour. If an employee is above the compulsory school age, but below 18 they will receive £3.68 per hour.

Almost all workers in the UK are entitled by law to receive the National Minimum Wage, unless they are self employed or are children who are still at the compulsory school age. All employees are entitled to the National Minimum Wage whether they are part time, full time, permanent or temporary workers. Most payments made to an employee will count towards the National Minimum Wage, although there are some that don’t count.

About The Author

Gary Fields

Content Writer working alongside our expert accountants to bring you the latest Tax and Accounting news.

More posts by this author
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.