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Tax Tables
National Minimum and Living Wage
Tax Tables
National Minimum Wage
Age |
2025/26 |
2024/25 |
2023/24 |
|
| Apprentice (For apprentices aged 16-18 or aged 19+ in their first year) | £7.55 | £6.40 | £5.28 | |
| Under 18 | £7.55 | £6.40 | £5.28 | |
| 18 to 20 | £10.00 | £8.60 | £7.49 | |
| 21 to 22 | £12.21 | £11.44 | £10.18 | |
| 23 + | £12.21 | £11.44 | £10.42 | |
State Pension
State pension (weekly) |
2025/26 |
2024/25 |
2023/24 |
|
| Basic state pension | £176.45 | £169.50 | £156.20 | |
| New state pension | £230.25 | £221.20 | £203.85 | |
Student & Postgraduate Loans - employee earnings thresholds
Student and postgraduate loans - employee earnings thresholds |
2025/26 |
2024/25 |
2023/24 |
|
Student loan plan 1 |
||||
| Annual threshold | 9% | £26,065.00 | £24,990.00 | £22,015.00 |
| Monthly threshold | 9% | £2,172.08 | £2,082.50 | £1,834.58 |
| Weekly threshold | 9% | £501.25 | £480.57 | £423.36 |
Student loan plan 2 |
||||
| Annual threshold | 9% | £28,470.00 | £27,295.00 | £27,295.00 |
| Monthly threshold | 9% | £2,372.50 | £2,274.58 | £2,274.58 |
| Weekly threshold | 9% | £547.50 | £524.90 | £524.90 |
Student loan plan 4 |
||||
| Annual threshold | 9% | £32,745.00 | £31,395.00 | £27,660.00 |
| Monthly threshold | 9% | £2,728.75 | £2,616.25 | £2,305.00 |
| Weekly threshold | 9% | £629.71 | £603.75 | £531.92 |
Student loan plan 5 |
||||
| Annual threshold | 9% | £25,000.00 | £25,000.00 | N/A |
| Monthly threshold | 9% | £2,083.33 | £2,083.33 | N/A |
| Weekly threshold | 9% | £480.76 | £480.76 | N/A |
Postgraduate loan |
||||
| Annual threshold | 6% | £21,000.00 | £21,000.00 | £21,000.00 |
| Monthly threshold | 6% | £1,750.00 | £1,750.00 | £1,750.00 |
| Weekly threshold | 6% | £403.84 | £403.84 | £403.84 |
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