National Minimum Wage 2024/25. — it’s possible to run into trouble with salaried workers and the national minimum wage. The tables below are ‘ready reckoners’, showing estimates of the effects of illustrative tax changes on tax receipts from 2025 to 2026,.
When we made our recommendations in october, bank of england forecasts suggested that inflation would. The uk national minimum wage is a minimum pay per hour almost all workers under the age of 21 (formerly 23).