Minimum wage

National Minimum Wage rates apply to employees up to the age of 22.

National Living Wage (NLW) rates apply to employees 23 and over.

The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.

Penalties apply to employers who fail to pay minimum wages.

Age NLW 21-24 18-20 16-17 Apprentice
From 1 April 2021 £8.91 £8.36 £6.56 £4.62 £4.30
From 1 April 2020 £8.72 £8.20 £6.45 £4.55 £4.15

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Full company name: Schofields Partnership LLP. Registration number: OC344961 Place of registration: England & Wales.
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Registered office address: Schofields Chartered Accountants, 5th Floor Waverley House, 115-119 Holdenhurst Road, Bournemouth, Dorset BH8 8DY