National Minimum wage rates
The new National Minimum/Living Wage from 1 April 2019:
Workers aged 25 and over – £8.21 an hour (National Living Wage)
Workers aged 21-24 – £7.70 an hour
Development rate for workers aged 18-20 – £6.15 an hour
Young workers rate for workers aged 16-17 – £4.35 an hour
Apprentice rate (workers under 19 or in first year of apprenticeship) – £3.90 an hour.
More information is available on the GOV.UK website.
Statutory Sick Pay rate
Statutory sick pay (SSP) rises from £92.05 to £94.25 on 6 April 2019.
The lower earnings limit rises from £116 to £118 on the same date.
Statutory Maternity / Paternity rates
Statutory maternity (SMP), paternity (SPP), adoption (SAP) and shared parental pay (ShPP) rises from £145.18 to £146.68 a week from 7 April 2019.
The lower earnings limit rises from £116 to £118 on the same date.
Auto enrolment pension contributions
From the 1st April 2019, Auto Enrolment Pension contributions are increasing for both employees and employers.
All employees and casual workers should be automatically opted into the pension scheme if they earn the qualifying amount (£833.33 a month) employers should communicate the changes in deductions to employees prior to the changes taking affect.
From the 1st April 2019 the contributions will increase to:
Current From 1st April 2019
Employer 2% 3%
Employee 3% 5%