diff --git a/README.md b/README.md
index 7f6c23e..f4caa1c 100644
--- a/README.md
+++ b/README.md
@@ -83,7 +83,7 @@ plugins {
 
 | kotlinter version | min kotlin version | max kotlin version | min gradle version |
 |-------------------|--------------------|--------------------|--------------------|
-| 4.5.0+            | 2.0.0              | -                  | 8.4                |
+| 4.5.0+            | 2.0.0              | 2.0.21             | 8.4                |
 | 4.2.0+            | 1.9.20             | 1.9.25             | 8.4                |
 | 4.0.0+            | 1.9.0              | 1.9.25             | 7.6                |
 | 3.14.0+           | 1.8.0              | 1.8.22             | 7.6                |
@@ -319,7 +319,7 @@ Alternatively, if you have a custom build convention plugin that utilizes kotlin
 
 ```kotlin
 dependencies {
-    implementation(platform("com.pinterest.ktlint:ktlint-bom:1.2.1"))
+    implementation(platform("com.pinterest.ktlint:ktlint-bom:1.4.0"))
     implementation("org.jmailen.gradle:kotlinter-gradle:4.5.0")
 }
 
diff --git a/build.gradle.kts b/build.gradle.kts
index 3315745..03bd6ed 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -1,5 +1,7 @@
+import org.jetbrains.kotlin.gradle.dsl.JvmTarget
+import org.jetbrains.kotlin.gradle.dsl.KotlinVersion
 import org.jetbrains.kotlin.gradle.plugin.getKotlinPluginVersion
-import org.jetbrains.kotlin.gradle.tasks.KotlinCompile
+import org.jetbrains.kotlin.gradle.tasks.KotlinJvmCompile
 
 plugins {
     `java-gradle-plugin`
@@ -7,7 +9,8 @@ plugins {
     idea
     alias(libs.plugins.kotlin.jvm)
     alias(libs.plugins.gradle.publish)
-    alias(libs.plugins.kotlinter)
+    // Remove temporarily until 2.1.0 compatibility is released
+    // alias(libs.plugins.kotlinter)
 }
 
 repositories {
@@ -20,7 +23,7 @@ val githubUrl = "https://github.com/jeremymailen/kotlinter-gradle"
 val webUrl = "https://github.com/jeremymailen/kotlinter-gradle"
 val projectDescription = "Lint and formatting for Kotlin using ktlint with configuration-free setup on JVM and Android projects"
 
-version = "5.0.0-M1"
+version = "5.0.0-M2"
 group = "org.jmailen.gradle"
 description = projectDescription
 
@@ -83,15 +86,14 @@ tasks {
         dependsOn(generateVersionProperties)
     }
 
-    val targetJavaVersion = JavaVersion.VERSION_1_8
     withType<JavaCompile>().configureEach {
-        options.release.set(targetJavaVersion.majorVersion.toInt())
+        options.release.set(JavaVersion.VERSION_1_8.majorVersion.toInt())
     }
-    withType<KotlinCompile>().configureEach {
-        kotlinOptions {
-            apiVersion = "1.8"
-            languageVersion = "1.8"
-            jvmTarget = targetJavaVersion.toString()
+    withType<KotlinJvmCompile>().configureEach {
+        compilerOptions {
+            apiVersion.set(KotlinVersion.KOTLIN_1_8)
+            languageVersion.set(KotlinVersion.KOTLIN_1_8)
+            jvmTarget.set(JvmTarget.JVM_1_8)
         }
     }
     withType<Test>().configureEach {
@@ -104,7 +106,7 @@ tasks {
     }
 
     wrapper {
-        gradleVersion = "8.11"
+        gradleVersion = "8.11.1"
     }
 }
 
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 0c88216..00e2656 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -1,6 +1,6 @@
 [versions]
-kotlin = "2.0.21"
-ktlint = "1.4.1"
+kotlin = "2.1.0"
+ktlint = "1.5.0"
 android-tools = "7.3.1"
 junit = "5.11.3"
 mockito = "4.1.0"
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index 94113f2..e2847c8 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,6 +1,6 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-8.11-bin.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-8.11.1-bin.zip
 networkTimeout=10000
 validateDistributionUrl=true
 zipStoreBase=GRADLE_USER_HOME
diff --git a/test-project-android/build.gradle.kts b/test-project-android/build.gradle.kts
index acef2b5..c491217 100644
--- a/test-project-android/build.gradle.kts
+++ b/test-project-android/build.gradle.kts
@@ -1,5 +1,5 @@
 plugins {
-    kotlin("android") version "2.0.21"
+    kotlin("android") version "2.1.0"
     id("com.android.library")
     id("org.jmailen.kotlinter")
 }
diff --git a/test-project/build.gradle.kts b/test-project/build.gradle.kts
index f5618c4..d5fbdfd 100644
--- a/test-project/build.gradle.kts
+++ b/test-project/build.gradle.kts
@@ -1,4 +1,4 @@
 plugins {
-    kotlin("jvm") version "2.0.21"
+    kotlin("jvm") version "2.1.0"
     id("org.jmailen.kotlinter")
 }