The government’s 2022 remit to the Low Pay Commission released
23 March 2022
On 22 March 2022, the Department for Business, Energy and Industrial Strategy (BEIS) released the 2022 Remit for the Low Pay Commission (LPC). The LPC are responsible for making recommendations on the National Minimum Wage (NMW) and National Living Wage (NLW) rates. The 2022 remit outlines what the UK government would like the LPC to explore for the 2023/24 tax year.
The recommendations provided last year by the LPC were accepted by the government in full, resulting in a 6.6% increase in the NLW rate to £9.50, applying to all workers 23 and over. The 2022 remit indicates that the government remains committed to the 2024 target that a NLW, at two thirds of median income, will apply to all workers aged 21 and over.
The LPC must gather evidence, monitor and evaluate on the NMW and NLW rates, accommodation offset and the governments levelling up agenda and provide their report by the end of October 2022. This will inform the government ahead of announcing the rates for the 2023/24 tax year.
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