Tag: statutory rates
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National Minimum Wage and Statutory Rates Increase
From April 2026, statutory employment rates have increased, including the National Living Wage and National Minimum Wage, with SSP rising to ÂŁ123.25 and family-related payments to ÂŁ194.32 per week. Updated tribunal compensation limits and redundancy calculations have also been implemented. Stay informed with our Statutory Rates 2026/27 factsheet.