Monthly Archives: July 2013

Draft National Minimum Wage (Amendment) Regulations 2013 published

The National Minimum Wage (Amendment) Regulations 2013 have been published in draft form and they will increase the national minimum wage for workers of differing ages from 1 October 2013 as follows:

  • The adult rate for workers aged 21 and over will increase from £6.19 to £6.31 per hour.
  • The rate for 18-20 year olds will increase from £4.98 to £5.03 per hour.
  • The rate for 16-17 year olds will increase from £3.68  to £3.72 per hour.
  • The apprentice rate will increase from £2.65 to £2.68 per hour.
  • The accommodation offset will increase from £4.82 to £4.91 per day.

How will this affect your business?  If we can be of assistance with cash flow forecasting or business planning, do get in touch.

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