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Tax Rates & Allowances

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Personal tax rates and allowances are generally set for income tax years running to 5 April. Corporate rates and allowances are set for financial years running to 31 March.

Income Tax

Estimate your personal income tax liability using the current rates. View the current rates here.

Child Benefit

Weekly amounts of child / working tax credits and child benefit.

Vehicles

Calculate the taxable benefit using the relevant tables for employer provided cars, vans and related fuel.

Individual Savings Account (ISA)

The annual ISA investment limits.

Corporation Tax

Companies pay corporation tax on their income and gains. View the current rates and estimate the tax due.

Capital Allowances

Plant and machinery allowances and the allowances available for other assets.

Value Added Tax

The current VAT percentages and the annual registration and deregistration thresholds.

Capital Gains Tax

Standard and higher rates of capital gains tax (CGT) together with the annual exemption. The special rate of CGT and the limit applying for entrepreneursโ€™ relief purposes.

Inheritance Tax

Inheritance tax rates and allowances.

Stamp Duty and Land Tax

The current percentages of stamp duty and the various UK property/land transaction taxes.

National Insurance

Earnings thresholds and contribution percentages for Class 1 (employed), Class 2 and 4 (self-employed) and Class 3 (voluntary) national insurance contributions.

Statutory Pay

Current weekly amounts.

Tax Relief For Individuals

EIS, SEIS, VCTs and SIR.

Minimum Wage

Statutory minimum wage levels.

Property and Trade Allowances

Business allowances for individuals.

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