Tax data Card

April 12, 2017

Please click below for a pdf version of our tax data card containing all the basic tax rates and data.

D.R.E. & Co. Tax card 2017-18

News

April 11, 2016

12-02-2018
Draft regulations to increase the national minimum wage published

The draft National Minimum Wage (Amendment) Regulations 2018 have been laid before Parliament and are due to come into force on 1 April 2018. The regulations will increase the various rates of the national minimum wage (NMW) and national living wage (NLW) as follows:

  • the NLW rate for workers aged 25 and over will rise from £7.50 to £7.83 per hour
  • the NMW standard rate for workers aged 21 to 24 will rise from £7.05 to £7.38 per hour
  • the NMW development rate for workers aged 18 to 20 will rise from £5.60 to £5.90 per hour
  • the NMW young workers rate for those aged 16 and 17 will rise from £4.05 to £4.20 per hour
  • the NMW apprentice rate for apprentices under 19 years of age or those aged 19 and over but in the first year of their apprenticeship will rise from £3.50 to £3.70 per hour
  • the daily offset for the provision of living accommodation will rise from £6.40 to £7.00 per day.

Source: The National Archives | 12-02-2018

Back

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

Sign up for the newsletter

Login

Question?

If you have any questions or queries about our services, let us know.