The Chancellor announced in the October 2025 Budget increases to NMW rates and Employers NI, the threshold for when Employers NI becomes payable is reduced.
The Government have confirmed the National Minimum Wage Rates that will apply from April 2024 and the 20-12 rate has been merged with the 23 and over rate.
National Minimum Wage Rates The government has announced the annual increases in national minimum wage rates to apply from 6 April 2022. From 6 April 2022, the new hourly rates recommended by the Low Pay Commission and accepted by the