Benefit rates, minimum wage and tax thresholds by year
Every value of 56 rates and allowances set by the government, from the first value in the official records to the latest, each with a link to the document it comes from. Sources: the Department for Work and Pensions, HM Revenue and Customs and the Low Pay Commission.
What changed in April 2026: 51 rates with their old and new values.
Benefits and pensions
| Rate | Latest value | Period | First value |
|---|---|---|---|
| Basic State Pension | £184.90 a week | April 2026 | July 1948 |
| New State Pension | £241.30 a week | April 2026 | April 2016 |
| Pension Credit standard minimum guarantee | £238.00 a week | April 2026 | April 1988 |
| Universal Credit standard allowance | £424.90 a month | April 2026 | April 2013 |
| Jobseeker's Allowance (contribution-based) | £95.55 a week | April 2026 | July 1948 |
| Employment and Support Allowance | £95.55 a week | April 2026 | October 2008 |
| Income Support personal allowance | £95.55 a week | April 2026 | April 1988 |
| Child Benefit | £26.05 a week | April 2025 | April 1977 |
| Attendance Allowance | £114.60 a week | 2026 to 2027 | 2013 to 2014 |
| Carer's Allowance | £86.45 a week | 2026 to 2027 | 2013 to 2014 |
| Personal Independence Payment: daily living | £114.60 a week | 2026 to 2027 | 2013 to 2014 |
| Personal Independence Payment: mobility | £80.00 a week | 2026 to 2027 | 2013 to 2014 |
| Disability Living Allowance: care | £114.60 a week | 2026 to 2027 | 2013 to 2014 |
| Disability Living Allowance: mobility | £80.00 a week | 2026 to 2027 | 2013 to 2014 |
| Maternity Allowance | £194.32 a week | 2026 to 2027 | 2013 to 2014 |
| Statutory Maternity Pay | £194.32 a week | 2026 to 2027 | 2013 to 2014 |
| Statutory Sick Pay | £123.25 a week | 2026 to 2027 | 2013 to 2014 |
| Universal Credit child element | £351.88 a month | 2026 to 2027 | 2013 to 2014 |
| Universal Credit LCWRA element | £217.26 a month | 2026 to 2027 | 2013 to 2014 |
| Universal Credit carer element | £209.34 a month | 2026 to 2027 | 2013 to 2014 |
| Universal Credit disabled child addition | £164.79 a month | 2026 to 2027 | 2013 to 2014 |
| Benefit cap | £22,020 a year | 2026 to 2027 | 2017 to 2018 |
Minimum wage
| Rate | Latest value | Period | First value |
|---|---|---|---|
| National Living Wage (adult minimum wage) | £12.71 an hour | 1 April 2026 | 1 April 1999 |
| Minimum wage for 21 to 22 year olds | £10.18 an hour | 1 April 2023 | 1 April 2016 |
| Minimum wage for 18 to 20 year olds | £10.85 an hour | 1 April 2026 | 1 April 1999 |
| Minimum wage for under 18s | £8.00 an hour | 1 April 2026 | 1 October 2004 |
| Apprentice minimum wage | £8.00 an hour | 1 April 2026 | 1 October 2010 |
| Minimum wage accommodation offset | £11.10 a day | 1 April 2026 | 1 April 1999 |
Income Tax
| Rate | Latest value | Period | First value |
|---|---|---|---|
| Personal Allowance | £12,570 a year | 2026 to 2027 | 1990 to 1991 |
| Blind Person's Allowance | £3,250 a year | 2026 to 2027 | 1990 to 1991 |
| Dividend Allowance | £500 a year | 2026 to 2027 | 2016 to 2017 |
| Personal Savings Allowance | £1,000 a year | 2026 to 2027 | 2016 to 2017 |
| Married Couple's Allowance | £11,700 a year | 2026 to 2027 | 1990 to 1991 |
| Income Tax basic rate band | £37,700 a year | 2026 to 2027 | 1990 to 1991 |
| Basic rate of Income Tax | 20% | 2026 to 2027 | 1990 to 1991 |
| Higher rate of Income Tax | 40% | 2026 to 2027 | 1990 to 1991 |
| Additional rate threshold | £125,140 a year | 2026 to 2027 | 2010 to 2011 |
| Additional rate of Income Tax | 45% | 2026 to 2027 | 2010 to 2011 |
National Insurance
| Rate | Latest value | Period | First value |
|---|---|---|---|
| National Insurance Lower Earnings Limit | £129 a week | 2026 to 2027 | 1999 to 2000 |
| National Insurance Primary Threshold | £242 a week | 2026 to 2027 | 2000 to 2001 |
| National Insurance Secondary Threshold | £96 a week | 2026 to 2027 | 1999 to 2000 |
| National Insurance Upper Earnings Limit | £967 a week | 2026 to 2027 | 1999 to 2000 |
| Employee National Insurance rate | 8.00% | 2026 to 2027 | 1999 to 2000 |
| Employer National Insurance rate | 15.00% | 2026 to 2027 | 1999 to 2000 |
| Class 2 National Insurance | £3.65 a week | 2026 to 2027 | 1999 to 2000 |
| Class 3 voluntary National Insurance | £18.40 a week | 2026 to 2027 | 1999 to 2000 |
| Class 4 National Insurance | 6.00% | 2026 to 2027 | 1999 to 2000 |
Pensions and savings
| Rate | Latest value | Period | First value |
|---|---|---|---|
| Pension annual allowance | £200,000 a year | 2026 to 2027 | 2011 to 2012 |
| Pension lifetime allowance | £1,073,100 | 2023 to 2024 | 2011 to 2012 |
| Money purchase annual allowance | £10,000 a year | 2026 to 2027 | 2015 to 2016 |
Student loans
| Rate | Latest value | Period | First value |
|---|---|---|---|
| Student loan Plan 1 repayment threshold | £26,900 a year | 2026 to 2027 | 2013 to 2014 |
| Student loan Plan 2 repayment threshold | £29,385 a year | 2026 to 2027 | 2016 to 2017 |
| Student loan Plan 4 repayment threshold | £33,795 a year | 2026 to 2027 | 2021 to 2022 |
| Student loan Plan 5 repayment threshold | £25,000 a year | 2026 to 2027 | 2026 to 2027 |
| Postgraduate loan repayment threshold | £21,000 a year | 2026 to 2027 | 2019 to 2020 |
Duties
| Rate | Latest value | Period | First value |
|---|---|---|---|
| Fuel duty | 52.95p a litre | 23 March 2022 | 14 March 1989 |
About these tables
Each rate page lists every value in the official records, newest first, and links each value to the document it comes from. The change column compares each value with the one before it (for percentage rates, the difference in percentage points). The CPI column is the ONS annual CPI inflation rate (series D7G7, published from 1989) for the calendar year in which the period starts. It is shown beside the rate as a second official figure; it is not the measure the government used to set the rate, which differs between rates. "Not yet published" means the ONS has not yet published a full-year figure.
A page is listed for search engines when it has at least 5 official values.
Also see prices, tax receipts and public spending.