National minimum / living wage ratesThe following rates are effective from 1 April 2023.
PAYETax code changesThe emergency tax code for the 2023/24 tax year remains at 1257L, and there are no uplifts in tax codes. The tables below show the bandwidths for the rest of the UK, Scotland and Wales. Rest of UK Bandwidths & Rates| From (£) | To (£) | Rate (%) | Band | | 0.01 | 37,700.00 | 20 | Basic rate | | 37,700.01 | 125,140.00 | 40 | Higher rate | | 125,140.01 | excess | 45 | Additional rate |
Scottish Bandwidths & Rates| From (£) | To (£) | Rate (%) | Band | | 0.01 | 2,162.00 | 19 | Starter rate | | 2,162.01 | 13,118.00 | 20 | Basic rate | | 13,118.01 | 31,092.00 | 21 | Intermediate rate | | 31,092.01 | 125,140.00 | 42 | Higher rate | | 125,140.01 | excess | 47 | Top rate |
Welsh Bandwidths & Rates| From (£) | To (£) | Rate (%) | Band | | 0.01 | 37,700.00 | 20 | Basic rate | | 37,700.01 | 125,140.00 | 40 | Higher rate | | 125,140.01 | excess | 45 | Additional rate |
Tax relief for childcare
| Basic Rate (£) | High Rate (£) | Higher Rate (£) | | Weekly | 55.00 | 28.00 | 25.00 | | Monthly | 243.00 | 124.00 | 110.00 | | Annually | 2915.00 | 1484.00 | 1325.00 |
National InsuranceEarnings bands
| Weekly (£) | Monthly (£) | Yearly (£) | | Lower Earnings Limit (LEL) | 123.00 | 533.00 | 6,396.00 | | Primary Threshold (PT) | 242.00 | 1048.00 | 12,570.00 | | Secondary Threshold (ST) | 175.00 | 758.00 | 9,100.00 | | Freeports Upper Secondary Threshold (FUST) | 481.00 | 2083.00 | 25,000.00 | | Veterans Upper Secondary Threshold (VUST) | 967.00 | 4189.00 | 50,270.00 | | Upper Earnings Limit (UEL) | 967.00 | 4189.00 | 50,270.00 | | Upper Secondary Threshold (UST) | 967.00 | 4189.00 | 50,270.00 | | Apprentice Upper Secondary Threshold (AUST) | 967.00 | 4189.00 | 50,270.00 |
Statutory paymentsThe Statutory payments rates are changing from 6 April 2023. Statutory sick payEmployees on weekly earnings greater than or equal to the Lower Earnings Limit are entitled to a statutory weekly rate of £109.40 from 6 April 2023. New statutory sick pay rates: | Unrounded daily rates | Number of working days in week | 1 day to pay | 2 days to pay | 3 days to pay | 4 days to pay | 5 days to pay | 6 days to pay | 7 days to pay |
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| £15.6285 | 7 | £15.63 | £31.26 | £46.89 | £62.52 | £78.15 | £93.78 | £109.40 | | £18.2333 | 6 | £18.24 | £36.47 | £54.70 | £72.94 | £91.17 | £109.40 |
| | £21.8800 | 5 | £21.88 | £43.76 | £65.64 | £87.52 | £109.40 |
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| | £27.3500 | 4 | £27.35 | £54.70 | £82.05 | £109.40 |
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| | £36.4666 | 3 | £36.47 | £72.94 | £109.40 |
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| | £54.7000 | 2 | £54.70 | £109.40 |
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| | £109.4000 | 1 | £109.40 |
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Parental pay and leaveThe rates below come into effect from the first Sunday in April. New Parental pay and leave rates: Payment | Higher rate % | The standard rate is the lesser of: £ | or, % | Weeks at higher rate | Weeks at Standard rate |
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| Statutory Maternity Pay | 90.00 | 172.48 | 90.00 | 6 | 33 | | Statutory Adoption Pay | 90.00 | 172.48 | 90.00 | 6 | 33 | | Statutory Paternity Pay | N/A | 172.48 | 90.00 | N/A | 2 | | Shared Parental Pay | N/A | 172.48 | 90.00 | N/A | 37 | | Parental bereavement | N/A | 172.48 | 90.00 | N/A | 2 |
Student loansWhen you set up a student loan deduction for an employee, you must specify whether they're on Plan 1, Plan 2 or Plan 4. Type | Weekly £ | Monthly £ | Annual £ | Rate % |
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| Plan Type 1 | 423.36 | 1,834.58 | 22,015.00 | 9.00 | | Plan Type 2 | 524.90 | 2,274.58 | 27,295.00 | 9.00 | | Plan Type 4 | 531.92 | 2,305.00 | 27,660.00 | 9.00 |
Postgraduate loansPostgraduate loans rates are staying the same in the 2023/2024 tax year. Type | Weekly £ | Monthly £ | Annual £ | Rate % |
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| Standard | 403.84 | 1,750.00 | 21,000.00 | 6.00 |
Employment allowanceFor the 2023/24 tax year, Employment allowance is £5,000.
Apprenticeship LevyThe Apprenticeship Levy Allowance is set to £15,000. The Apprenticeship Levy Rate is set to 0.5%.
Attachment of earnings ordersWhere attachment of earnings orders use rates to calculate deductions, your software includes these rates and applies them automatically. All attachments rates are staying the same, with the exception of the Earnings Arrestment, which is specific to Scotland. The following rates are effective from 6 April 2023. Earnings arrestment| Weekly deduction rates | Monthly deduction rates | | Attachable earnings from (£) | Attachable earnings to (£) | Deduction rate (%) | Attachable earnings from (£) | Attachable earnings to (£) | Deduction rate (%) | | 0.00 | 150.94 | 0.00 | 0.00 | 655.83 | 0.00 | | 150.95 | 545.57 | 19.00 | 655.84 | 2370.49 | 19.00 | | 545.58 | 820.21 | 23.00 | 2370.50 | 3563.83 | 23.00 |
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