Employers should be aware that all minimum wage rates increase on 1 April of each year. This includes all National Minimum Wage rates and the National Living Wage rate.
See the table below that shows the current minimum wage rates and new rates from April 2023:
See: National Minimum Wage and National Living Wage rates – GOV.UK (www.gov.uk)
Contact us if you have any questions about your business.
Phone 01908 395900
Email contact@alexanderrosse.co.uk
Rashesh Joshi FCA CDir – Managing Director & Co founder
Rashesh is one of the co founders at Alexander Rosse, a fully qualified Chartered Accountant and Chartered Director and holds a first class honours degree in Maths & Management from King’s College, London. He has over 25 years’ plus experience in public practice and industry and commerce with leading blue chip companies. He has a successful and proven track record of delivery on some $5bn corporate finance transactions (acquisitions, disposals and fund raising, IPO), with a particular focus on high growth SME’s within the tech space. When he’s not writing articles he can be found on the football pitch, swimming or spending time with his family boring them endless about his football glory days.