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National Minimum Wage
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National Minimum Wage
|
Age |
From April 2021 |
April 2020 |
From April 2019 |
|
Apprentice* |
£4.30 |
£4.15 |
£3.90 |
|
Under 18 |
£4.62 |
£4.55 |
£4.25 |
|
18 to 20 |
£6.56 |
£6.45 |
£6.15 |
|
21-22 |
£8.36 |
£8.20 |
£7.70 |
|
23+ (Living Wage) |
£8.91 |
£8.72 |
£8.21 |
|
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*For apprentices aged 16-18 and those aged 19+ in their first year. |
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State Pension
|
Weeky Pension |
2021/22 |
2020/21 |
2019/20 |
|
Basic State Pension |
£137.60 |
£134.25 |
£129.20 |
|
New State Pension |
£179.60 |
£175.20 |
£168.60 |
|
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Student & Postgraduate Loans – employee earnings thresholds
|
Student and postgraduate loans – employee earnings thresholds |
2021/22 |
2020/21 |
2019/20 |
|
|
Student loan plan 1 |
|
|
|
|
|
Annual threshold |
9% |
£19,895 |
£19,390 |
£18,935 |
|
Monthly threshold |
9% |
£1,658 |
£1,616 |
£1,578 |
|
Weekly threshold |
9% |
£383 |
£373 |
£364 |
|
Student loan plan 2 |
|
|
|
|
|
Annual threshold |
9% |
£27,295 |
£26,575 |
£25,725 |
|
Monthly threshold |
9% |
£2,275 |
£2,215 |
£2,144 |
|
Weekly threshold |
9% |
£525 |
£511 |
£495 |
|
Postgraduate loan |
|
|
|
|
|
Annual threshold |
6% |
£21,000 |
£21,000 |
£21,000 |
|
Monthly threshold |
6% |
£1,750 |
£1,750 |
£1,750 |
|
Weekly threshold |
6% |
£404 |
£404 |
£404 |