Although widely misconceived, purchasers do not have to obtain a building survey when they...
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As part of the Autumn Statement on 17 November 2023, Jeremy Hunt announced the national living wage and national minimum wage rises from 1 April 2023. They are reviewed annually and increase in April yearly. The new rates from 1 April 2023 will be:
Age group | Rate will increase to | Rate increased from |
---|---|---|
Age 23 or over | £10.42 | £9.50 |
Age 21 to 22 | £10.18 | £9.18 |
Age 18 to 20 | £7.49 | £6.83 |
Age 16 to 17 | £5.28 | £4.81 |
Apprentice rate* | £5.28 | £4.81 |
Accommodation offset amount | £9.10 | £8.70 |
If your organisation pays rates at or around the national minimum or living wage, or is planning to recruit, please be sure to check pay rates and build the increase into budgets with effect from 1 April 2023.
*The apprentice rates apply to those under 19 years old or who are over 19 years old but in the first year of their apprenticeship.