diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index f3d99d1..c515a6a 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -13,7 +13,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        php-version: ['8.0', '8.2']
+        php-version: ['8.1', '8.3']
 
     steps:
     - uses: actions/checkout@v3
@@ -32,14 +32,14 @@ jobs:
 
     - name: Run PHPUnit
       run: |
-        if [[ ${{ matrix.php-version }} == '8.0' ]]; then
+        if [[ ${{ matrix.php-version }} == '8.1' ]]; then
           vendor/bin/phpunit --coverage-clover=coverage.xml
         else
           vendor/bin/phpunit
         fi
 
     - name: Code Coverage Report
-      if: success() && matrix.php-version == '8.0'
+      if: success() && matrix.php-version == '8.1'
       uses: codecov/codecov-action@v1
 
   validation:
@@ -52,7 +52,7 @@ jobs:
     - name: Setup PHP
       uses: shivammathur/setup-php@v2
       with:
-        php-version: '8.1'
+        php-version: '8.2'
         extensions: mbstring, intl, bcmath
         coverage: none
 
diff --git a/README.md b/README.md
index 8076fe5..dea3aad 100644
--- a/README.md
+++ b/README.md
@@ -3,7 +3,7 @@
 [![Build Status](https://github.com/spryker/decimal-object/workflows/CI/badge.svg?branch=master)](https://github.com/spryker/decimal-object/actions?query=workflow%3ACI+branch%3Amaster)
 [![codecov](https://codecov.io/gh/spryker/decimal-object/branch/master/graph/badge.svg?token=L1thFB9nOG)](https://codecov.io/gh/spryker/decimal-object)
 [![Latest Stable Version](https://poser.pugx.org/spryker/decimal-object/v/stable.svg)](https://packagist.org/packages/spryker/decimal-object)
-[![Minimum PHP Version](https://img.shields.io/badge/php-%3E%3D%208.0-8892BF.svg)](https://php.net/)
+[![Minimum PHP Version](https://img.shields.io/badge/php-%3E%3D%208.1-8892BF.svg)](https://php.net/)
 [![PHPStan](https://img.shields.io/badge/PHPStan-level%208-brightgreen.svg?style=flat)](https://phpstan.org/)
 [![License](https://poser.pugx.org/spryker/decimal-object/license)](https://packagist.org/packages/spryker/decimal-object)
 
diff --git a/composer.json b/composer.json
index 1a7fc9e..86f99ae 100644
--- a/composer.json
+++ b/composer.json
@@ -10,7 +10,7 @@
         }
     ],
     "require": {
-        "php": ">=8.0",
+        "php": ">=8.1",
         "ext-bcmath": "*",
         "ext-json": "*"
     },