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  1. Resources
  2. Tax rates & allowances

Minimum wage

National Minimum Wage rates apply to employees up to the age of 22.

National Living Wage (NLW) rates apply to employees 23 and over.

The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.

Penalties apply to employers who fail to pay minimum wages.

Age NLW 21-24 18-20 16-17 Apprentice
From 1 April 2022 £9.50 £9.18 £6.83 £4.81 £4.81
From 1 April 2021 £8.91 £8.36 £6.56 £4.62 £4.30
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Spring Statement 2022

A review of measures for UK businesses and individuals.
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Mini Budget 2022

Details of the Mini Budget 2022. Our summary focuses on the key issues.
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Factsheets

Factsheets covering a range of relevant accountancy and business topics.