National Minimum Wage and Pension Contributions
6th March 2019
Further to the budget announcements at the end of October 2018, rate changes to the National Minimum Wage (NMW) have been confirmed for April 2019. These are in line with the recommendations that were made by the low pay commission.
| Year | 25 and over | 21 to 24 | 18 to 20 | Under 18 | Apprentice |
| April 2018 (current rate) | £7.83 | £7.38 | £5.90 | £4.20 | £3.70 |
| April 2019 | £8.21 | £7.70 | £6.15 | £4.35 | £3.90 |
Pension Contribution rates are also increasing from 6th April 2019 with total minimum contributions going from 5% to 8%
This means that employees will have to pay a minimum of 5% (previously 3%) and employers 3% (previously 2%)
Disclaimer - All information in this post was correct at time of writing.
