UK: 2026/27 Tax Year Live: P60 Deadline is 31 May

The 2026/27 tax year began 6 April 2026 with NLW £12.71/hour, SSP day-1 entitlement, and the secondary NIC threshold frozen at £5,000. P60s for 2025/26 must be issued by 31 May 2026 – within window. EPS for £10,500 Employment Allowance must be claimed; it does not auto-roll.

Effective Date

• Ongoing (rates in force from 6 April 2026)

Published

• 15 April 2026

Key Points

• NLW (21+): £12.71/hour from 6 April 2026.
• SSP day-1 entitlement; LEL gateway removed – all employees qualify.
• Secondary NIC threshold frozen at £5,000; LEL £6,708/year (£129/week).
• P60 deadline: 31 May 2026 (within window).
• Employment Allowance £10,500 must be claimed via EPS each tax year – does not auto-roll.

Payroll action

• Issue P60s to all employees on payroll as at 5 April 2026 by 31 May 2026 (paper or electronic).
• Submit Employment Payment Summary (EPS) for the 2026/27 tax year claiming the £10,500 Employment Allowance – does not auto-roll.
• Review SSP day-1 implementation: for employees who became sick on 5 April, transitional rules apply – verify payroll calculations.

HM Revenue & Customs