Market leading insight for tax experts
View online issue

New rates for national minimum wage

printer Mail

The National Minimum Wage (Amendment) Regulations, SI 2013/1975, increase the principal hourly rate of the national minimum wage from £6.19 to £6.31 from 1 October 2013. The rates for 18–20 year olds, 16–17 year olds and apprentices under 19 or in the first year of their apprenticeship are also increased, as is the maximum daily amount for living accommodation allowed to count towards pay for minimum wage purposes.

Separately, HMRC has said that employers identified as not meeting the obligations of the national minimum wage will be publically named and shamed as a deterrent. HMRC identified 736 employers who had failed to pay the national minimum wage in 2012/13.

Issue: 1182
Categories: News , Employment taxes