From April 2022, the National Minimum Wage and National Living Wage are increasing;
Workers aged 23 or over – up from £8.91 to £9.50 an hour
Workers aged 21 to 23 – up from £8.36 to £9.18 an hour
Workers aged 18 – 20 – up from £6.56 to £6.83 an hour
Workers 16 to 17 – up from £4.62 to £4.81 an hour
Apprentices – up from £4.30 to £4.81
Predicted NI contribution change
1.25% increase on National Insurance rates – a Health and Social Care Levy
Dividend tax will also be increased by 1.25%
