What’s new for 2023 -2024?

Want to know the new rate of pay or what sick days employees are entitled to? On 1‌‌‌ April‌‌‌ 2023, the government increased the National Living Wage (NLW) for workers aged 23 years and over by 9.7% to £10.42. This 92 pence increase is the largest ever cash increase to the NLW. For changes to the other National Minimum Wage (NMW) rates, look no further HMRC has a full guide here.