What's my minimum wage pay rise worth?

Yearly gross pay is the hourly rate times your weekly hours times 52. Weekly figures are the yearly figure divided by 52 and monthly figures divided by 12.

Income Tax uses the 2026/27 Personal Allowance of £12,570, then 20% basic rate on the next £37,700. In Scotland I use the Scottish bands instead. Employee Class 1 National Insurance is 8% on pay between £12,570 and £50,270 a year and 2% above that.

I use 2026/27 thresholds for the new rate too, so you can see the rise on its own. If thresholds change for 2027/28, your real figure will differ. Amounts are rounded to the penny.

• Current rates from 1 April 2026, £12.71 aged 21 and over and £10.85 aged 18 to 20: GOV.UK National Minimum Wage and National Living Wage rates
• New rates from 1 April 2027, £13.20 and £11.27: as reported, announced, to be confirmed in the 28 Oct Budget. When I checked, they were not yet published on GOV.UK. The Low Pay Commission had projected a central estimate of £13.18 for the 21 and over rate: LPC consultation letter 2026
• Income Tax bands: GOV.UK Income Tax rates and Personal Allowances and GOV.UK Scottish Income Tax
• National Insurance thresholds: GOV.UK rates and thresholds for employers 2026 to 2027

Checked on 26 October 2026. I will update the new rates once the Budget confirms them.