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Email: info@eoacc.com
Phone: (UK) +44 (0)203 405 2320
Address: UK: Collingham House, 10-12 Gladstone road, Wimbledon, London, SW19 1QT

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UK: +44(0)203 405 2320 / SA: +27(0)21 300 2380 info@eoacc.com

Payroll reminder – minimum wage rates increase on 6th April

It is important to remember that the minimum wage pay rates are increasing with effect from 1 April 2024. Failing to increase to the new rates can result in penalties being charged.

The new minimum wage payment rates are set out below:

 2023/24 rate2024/25 rate
21 and over (previously 23 and over)£10.42£11.44
18 to 20£7.49£8.60
Under 18£5.28£6.40
Apprentice£5.28£6.40
Accommodation Offset£9.10£9.99

If you need help with any aspect of your payroll, please do not hesitate to call us. We will be happy to help!

See: https://www.gov.uk/national-minimum-wage-rates

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