Minimum Wage

From 1st April 2019

£8.21 (age 25+)

£7.70 (age 21-24)

£6.15 (age 18-20)

£4.35 (age 16-17)

£3.90 (apprentices aged under 19 or over 19 in their first year of apprenticeship)

Previous Rates - From 1st April 2018

£7.83 (age 25+)

£7.38 (age 21-24)

£5.90 (age 18-20)

£4.20 (age 16-17)

£3.70 (apprentices who are under 19 or over 19 and in their first year of apprenticeship)

Pay Rates and Thresholds 2019-20

PAYE & NIC Rates

From 6th April 2019 to 5th April 2020

Emergency & Standard Tax Code - 1250L
Employees with a standard tax code can earn £1,042 per month or £240 per week tax free
20% tax is due on earnings between £12,501 and £37,500 per annum
40% tax is due on earnings between £37,501 and £150,000 per annum
45% tax is due on earnings over £150,000 per annum

Employee and employer NIC is due on earnings over £719 per month or £166 per week
Employees earning below £512 per month or £118 per week will be below the threshold for NICs
Employers contributions are 13.8%
Employee contributions are 12%
No NI contributions are due for employees aged under 21 or apprentices aged under 25 earning under £50,000 per annum
Employment allowance up to £3,000 can be claimed against employers NI (some restrictions apply)

From 6th April 2019 to 5th April 2020

SSP is £94.25 per week
SMP for first 6 weeks is 90% of average weekly earnings
SMP/SPP/SAP is £148.68 or 90% of average weekly earnings whichever is lower
92% of SMP/OSPP/ASPP/SAP can be recovered if your total Class 1 NICs are above £45,000 for the previous tax year
103% of SMP/OSPP/ASPP/SAP can be recovered if your total Class 1 NICs are £45,000 or lower for the previous tax year

From 6th April 2019 to 5th April 2020

Deductions are at 9% on earnings over £1577.91 per month (Plan 1) or £2143.75 per month (Plan 2)