Draft National Minimum Wage Regulations
23 December 2015
The draft NMW Regulations 2016 have been laid before Parliament and will come into force on 1 April 2016. The National Living Wage of £7.20 per hour will be paid to workers aged 25 and over and workers under the age of 25 will continue to receive the NMW. The financial penalty for employers who underpay has increased from 100% to 200% of the underpayment per worker.