Statutory Rates Guide
This guide outlines the key statutory rates and limits in the UK for the tax year 2025/26 which are subject to increases each year.
National minimum wage
National living wage (age 21 and over) - £12.21 per hour
18-20 rate - £10.00 per hour
16-17 and apprentice rate - £7.55 per hour
Sick Pay
Statutory sick pay - £118.75 per week
Family-related leave
Statutory maternity pay (after first six weeks) - £187.18 per week
Statutory adoption pay (after first six weeks) - £187.18 per week
Statutory paternity pay - £187.18 per week
Statutory shared parental pay - £187.18 per week
Statutory parental bereavement pay - £187.18 per week
Termination and compensation payments
A week’s pay - £719 per week
Maximum statutory redundancy payment - £21,570
Maximum basic award for unfair dismissal - £21,570
Maximum compensatory award for unfair dismissal - £118,223 (or 52 weeks’ gross pay if less)