Applies from the first full pay period on/after 1 April 2026.
Employer National Insurance 2026/27
Rate
15%
Secondary Threshold
£5,000/yr
Employment Allowance
£10,500/yr
Under 21 / Apprentice U25
0% up to £50,270
NI on earnings above threshold. Employment Allowance available to most employers.
Statutory Sick Pay (from 6 Apr 2026)
Weekly rate
£123.25/week
Daily rate (5-day week)
£24.65
Waiting days
None (day 1)
Earnings threshold
None (all qualify)
Low earner cap
80% of earnings
Maximum duration
28 weeks
Auto-Enrolment Pension 2026/27
Min. employer contribution
0.03%
Min. employee contribution
0.05%
Min. total contribution
0.08%
Lower qualifying earnings
£6,240/yr
Upper qualifying earnings
£50,270/yr
Statutory Holiday Entitlement
Minimum entitlement
5.6 weeks/year
Full-time (5-day week)
28 days inc. bank holidays
Part-time pro-rata
5.6 × days/week
Bank holidays (England)
8 per year
Quick Cost Estimate (NLW, 37.5 hrs/wk)
Annual salary
£24,785
+ Employer NI
£2,968
+ Min. pension (3%)
£555
Total annual cost
£28,308
Use the free calculator at employerscalculator.co.uk for any salary
Rates effective 2026/27 tax year (6 April 2026 – 5 April 2027). NMW effective 1 April 2026. Always verify with HMRC. Free calculators at employerscalculator.co.uk
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