Hmrc Minimum Wage 2024/25. As an employer, staying informed about the national minimum (nmw) and national living wage (nlw) rates is crucial. This article covers the uk minimum wage system, wage increases in 2024, employers’ responsibilities, how employees can check if they are paid right, what to do if.

In the tax year 2024/25, the updated income tax rates are as follows: The national minimum wage (nmw) rate of £10.18 will increase to.