National Minimum Wage

Age	2022/23	2021/22	2020/21
Apprentice*	£4.81	£4.30	£4.15
Under 18	£4.81	£4.62	£4.55
18 to 20	£6.83	£6.56	£6.45
21 to 22	£9.18	£8.36	£8.20
23 to24	£9.50	£8.91	£8.20
25+	£9.50	£8.91	£8.72
*For apprentices aged 16-18 and those aged 19+ in their first year.

State Pension

Student and postgraduate loans - employee earnings thresholds		2022/23	2021/22	2020/21
Student loan plan 1
Annual threshold	9%	£20,195	£19,895	£18,935
Monthly threshold	9%	£1,682.91	£1,657.91	£1,578
Weekly threshold	9%	£388.36	£382.59	£364

Student loan plan 2
Annual threshold	9%	£27,295	£27,295	£26,575
Monthly threshold	9%	£2,274.58	£2,274.58	£2,214.58
Weekly threshold	9%	£524.90	£524.90	£511.05

Student loan plan 4
Annual threshold	9%	£23,375	£25,000	n/a
Monthly threshold	9%	£2,114.58	£2,083.33	n/a
Weekly threshold	9%	£487.98	£480.76	n/a

Postgraduate loan
Annual threshold	6%	£21,000	£21,000	£21,000
Monthly threshold	6%	£1,750	£1,750	£1,750
Weekly threshold	6%	£403.84	£403.84	£403.84