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NLW is set to increase by 6.2% to £8.72 in 2020

The government has confirmed that the new rate will start on 1 April 2020 and will result in an increase of £930 annually for 2.8 million full-time workers on the NLW.

NLW is set to increase by 6.2% to £8.72 in 2020
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NLW is set to increase

This is the biggest cash increase ever, rising from £8.21 to £8.72 per hour- this figure applies to over 25 year-olds.

Read more at the Accountancy Daily.

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