Payroll factcard 2026-27 DRAFT

NATIONAL MINIMUM WAGE

From 1 April 2025

From 1 April 2026

Category of worker

Aged 21 years and over (National Living Wage)

£12.21

£12.71

Aged 18-20 years

£10.00

£10.85

Aged 16-17 years

£7.55

£8.00

Apprentices aged under 19 and apprentices aged 19 or over in the first year of apprenticeship (the Apprentice rate)

£7.55

£8.00

Accomodation offet – Daily rate

£10.66

£11.10

Accomodation offet – Weekly rate

£74.62

£77.70

PENSION CAPS/ALLOWANCES

2025-26

2026-27

Annual allowance

£60,000

£60,000

Automatic enrolment earnings trigger

£10,000

£10,000

Automatic enrolment lower level of qualifying earnings Automatic enrolment upper level of qualifying earnings

£6,240

£6,240

£50,270

£50,270

Lump sum allowance

£268,275

£268,275

Lump sum and death benefit allowance

£1,073,100

£1,073,100

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