{
  "rates_period": "2026-27",
  "inputs": [
    {
      "name": "nlw_21_plus",
      "bank_row": "TCO-001",
      "value": "12.71",
      "unit": "GBP/hour",
      "period": "from 2026-04-01",
      "source_url": "https://www.gov.uk/national-minimum-wage-rates"
    },
    {
      "name": "statutory_leave_weeks",
      "bank_row": "TCO-004",
      "value": "5.6",
      "unit": "weeks/year",
      "period": "current",
      "source_url": "https://www.gov.uk/holiday-entitlement-rights"
    },
    {
      "name": "employer_nic_threshold",
      "bank_row": "TCO-006",
      "value": "5000",
      "unit": "GBP/year",
      "period": "2026-04-06 to 2027-04-05",
      "source_url": "https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027"
    },
    {
      "name": "employer_nic_rate",
      "bank_row": "TCO-007",
      "value": "0.15",
      "unit": "fraction (15%)",
      "period": "2026-04-06 to 2027-04-05",
      "source_url": "https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027"
    },
    {
      "name": "employment_allowance",
      "bank_row": "TCO-008",
      "value": "10500",
      "unit": "GBP/year",
      "period": "2026-04-06 to 2027-04-05",
      "source_url": "https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2026-to-2027"
    },
    {
      "name": "employment_allowance_eligibility",
      "bank_row": "TCO-018",
      "value": "n/a",
      "unit": "n/a",
      "period": "current",
      "source_url": "https://www.gov.uk/claim-employment-allowance/eligibility"
    },
    {
      "name": "employer_pension_rate",
      "bank_row": "TCO-012",
      "value": "0.03",
      "unit": "fraction of qualifying earnings",
      "period": "from April 2019",
      "source_url": "https://www.gov.uk/workplace-pensions/what-you-your-employer-and-the-government-pay"
    },
    {
      "name": "qualifying_earnings_lower",
      "bank_row": "TCO-013",
      "value": "6240",
      "unit": "GBP/year",
      "period": "current page",
      "source_url": "https://www.gov.uk/workplace-pensions/what-you-your-employer-and-the-government-pay"
    },
    {
      "name": "qualifying_earnings_upper",
      "bank_row": "TCO-013",
      "value": "50270",
      "unit": "GBP/year",
      "period": "current page",
      "source_url": "https://www.gov.uk/workplace-pensions/what-you-your-employer-and-the-government-pay"
    },
    {
      "name": "auto_enrolment_trigger_and_age",
      "bank_row": "TCO-019",
      "value": "10000",
      "unit": "GBP/year",
      "period": "current",
      "source_url": "https://www.gov.uk/workplace-pensions/joining-a-workplace-pension"
    }
  ],
  "model": {
    "hours": [
      "8",
      "16",
      "24",
      "30",
      "37.5"
    ],
    "paid_weeks": "52"
  }
}