From April 2021 the National Living Wage will apply if you’re aged 23 and over.The national living wage is definitely worth paying attention as it could lead to a significant increase in your staff costs, especially if some of your workforce are over 23 and being paid at the current national minimum wage rate.The below is the changes for April 2021:From 1 April 202123 and over21 to 2218 to 20Under 18Apprentice£8.91£8.36£6.56£4.62£4.30Previous rate (April 2019 to March 2020) 25 and over21 to 2418 to 20Under 18Apprentice£8.21£7.70£6.15£4.35£3.90If you are concerned about these changes or worried about whether your business can afford the increased wages burden, give our HR specialist Donna a call on 01474 853 856 or email donna.bygrave@a4g-llp.co.uk. We have a number of solutions available to help your business. Contact me today!Donna BygravePersonnel and Training Manager Send me a message Ask me a questionFill in your details below and I’ll come back to as soon as I can! If your enquiry is more urgent, please do give me a call. Your full name*Contact no.*Email address* Business name*Industry / Profession*Your messageOne last thing...*By ticking this box you agree to being contacted via email or phone by one of our Advisers, and for the information you provide us with to be kept securely for future communications in line with the new GDPR Yes, I agree Share this articleOther posts of interest Does your business plan work? Read more What are Management Accounts and why do I need them? Read more FRS 102 – The new financial reporting standard for ‘smaller entities’ Read more See more articles