Hmrc Minimum Wage 2024/25. The rates change on 1 april every. Below, we provide an overview of income tax and national insurance, minimum wage increases, and statutory payments for the new tax year, which runs from 6 april 2024 to 5 april 2025.

It’s equally as essential to understand what these rates mean for you as. The government has accepted the low pay commission’s recommendations for the rates of the national living wage (nlw) and the national minimum wage that will apply from april 2024.