
McPhersons is now part of Galloways Accounting. We’re looking forward to sharing the next stage of our journey with the Galloways group, and share their vision for helping you, our clients, to have more time to enjoy the things you love.
March 9, 2026

From April 2026, the National Minimum Wage rates will increase once again, driving up employment costs for many businesses and requiring them to review their payroll processes.
If you haven’t considered how these new rates will affect your business, you should do so now.
What’s changing in minimum wage rates?
From April 2026, the new rates will be:
| Current rate | New rate from 6 April | |
| 21 and over (National Living Wage) | £12.21 per hour | £12.71 per hour |
| 18–20 | £10 per hour | £10.85 per hour |
| Under 18 | £7.55 per hour | £8.00 per hour |
| Apprentices | £7.55 per hour | £8.00 per hour |
These rates are mandatory and businesses must comply to avoid penalties. This includes making sure that their payroll processes are up to date and account for employees’ ages changing and any deductions that could affect their base pay.
Steps to prepare
As the clock is now ticking to the new rates being introduced, employers should: