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Statutory minimum wage levels.
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.
06 Feb 2023
Businesses will receive reduced support for their energy bills from April.
The Bank of England (BoE) has raised the base rate of interest.
The government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation and growing the economy.