Following the advice of the Low Pay Commission, the government will increase the National Minimum Wage rates from 1 April 2022 as follows:
- The National Living Wage (which since 2021 has applied to those aged 23 and over) will increase to £9.50 (up from £8.91).
- The minimum hourly rate for 21-22 year olds will increase to £9.18 (up from £8.36).
- The minimum hourly rate for 18-20 year olds will increase to £6.83 (up from £6.56).
- The minimum hourly rate for 16-17 year olds will increase to £4.81 (up from £4.62).
- The apprentice rate (for those under 19 years or those over 19 in their first year of apprenticeship) will increase to £4.81 (up from 4.30).
- National Insurance threshold raised by £3,000 to £12,570