United Kingdom Tax Agency Announces Increase in National Minimum Wage Rates

The United Kingdom HM Revenue and Customs Nov. 25 announced an increase in the national minimum wage rates. The hourly minimum wages are increased to: 1) 8.91 British pounds (US$11.88) from 8.72 pounds (US$11.63) for workers who are 23 years and older; 2) 8.36 pounds (US$11.15) from 8.20 pounds (US$10.94) for workers who are 21-22 years old; 3) 6.56 pounds (US$8.75) from 6.45 pounds (US$8.60) for workers who are 18-20 years old; 4) 4.62 pounds (US$6.16) from 4.55 pounds (US$6.07) for workers who are 16-17 years old; and 5) 4.30 pounds (US$5.74) from 4.15 pounds (US$5.54) for apprentices. The announcement ...