Selected Rates
2025/26
2024/25
Weekly benefit
£
£
New State Pension Old State Pension
230.25 176.45
221.20 169.50
Statutory pay standard rates Sick Pay
118.75 187.18 187.18 187.18
116.75 184.03 184.03 184.03
Maternity/Adoption Pay Shared Parental Pay
Paternity Pay
National Living Wage and National Minimum Wage Age
NLW 18-20 16-17 Apprentices
From 1 April 2025 £7.55 Applies to apprentices under 19 or 19 and over in the first year of apprenticeship. NLW applies to those aged 21 and over. £12.21 £10 £7.55
Tax Reliefs for Individuals 2025/26 and 2024/25 Enterprise Investment Scheme (EIS) Relief on investments in certain unquoted trading companies up to £1m per annum (£2m for knowledge intensive companies): • Income tax relief at 30% • Capital gains exemption on disposal Unlimited amounts of capital gains from the disposal of other assets may be able to be deferred by making an EIS investment. Seed Enterprise Investment Scheme (SEIS) Relief on investments in certain unquoted trading companies up to £200,000 per annum: • Income tax relief at 50% • Capital gains exemption on disposal Capital gains from the disposal of other assets may be exempt up to £100,000 per annum by making an SEIS investment. Venture Capital Trusts (VCTs) Relief on investments in certain quoted companies up to £200,000 per annum: • Income tax relief at 30% • Capital gains exemption on disposal Dividends received from VCTs may be exempt from income tax.
Disclaimer: Rates are for guidance only. No responsibility for loss occasioned by any person acting/refraining from action as a result of this information can be accepted by the authors or firm.
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