National minimum wage in detail
The wage is set yearly by the UK government advised by the Low Pay Commission, an independent body. Different minimum wage rates apply to four different categories of workers, depending on their age. For the period from 1 April 2019 these range from GBP 3.90 (EUR 4.50) to GBP 8.21 (EUR 9.36) per hour. The highest rate of GBP 8.21 (EUR 9.36) is the so-called ‘national living wage’ that applies to workers aged 25 or over. If an employer provides a worker with free accommodation, some of its value can be counted towards the national minimum wage (i.e. an ‘accommodation offset’). For the period from 1 April 2019, the daily limit on the accommodation offset is GBP 7.55 (EUR 8.60).
Note that the figure in the chart has been calculated based on the average hours worked per week in the UK by a worker aged 25 or over, and therefore earning the highest minimum wage rate.
We have used the rates applicable from 1 April 2019.
Author: Lewis Silkin LLP
Date: March 2019
Note: For specific advice on any particular issue, please consult the relevant firm. The law is stated as at March 2019.