HMRC National Minimum Wage 2016

National Minimum and Living Wage rates from October 2016

New rates for the National Minimum Wage and the National Living Wage were introduced with effect from 1 October 2016

Full details can be found on the HMRC website National Minimum Wage

Year 25 and over 21 to 24 18 to 20 Under 18 Apprentice
October 2016 (current rate) £7.20 £6.95 £5.55 £4.00 £3.40

 

For a full time employee aged 25 or over, working a 37.5hour week (7.5 hours a day, 52 weeks a year), this equates to a salary of £14,040 per annum.

For more information, please contact the Dafferns Payroll team