4th December 2023
Most key rates are reviewed every year and in most cases they are increased.
The dates on which different employment-related rates increase, such as family-friendly statutory pay (eg maternity, adoption, etc), statutory sick pay and National Minimum/Living Wage, are usually different and so care must be taken to only apply a new rate once it is in force. Typically, these are all around the beginning of April each year.
Unless indicated otherwise, these rates apply in England, Scotland and Wales.
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In this section, we outline the key statutory rates and figures that employers need to know, as well as information on historical rates.