Stephen J. Dann
~ ITPA ~
UK Tax Advisor

British Tax rates
Click here for Other Pages on this Website


Personal Income Tax
2020/21
2021/22
Personal Allowance
£ 12,500
£ 12,570
Personal Allowance income limit
£ 100,000
£ 100,000
Savings Allowance
£ 1,000/500
£ 1,000/500
Dividend Allowance
£ 2,000
£ 2,000

----
----
----
Basic Rate
20% - up to £50,000
20% - up to £50,270
Higher Rate tax (tier 1)
40% £ 50,001 - 150000
40% £ 50,271 - 150000
Higher Rate tax (tier 2)
45% above £ 150000
45% above £ 150000


National Insurance Contributions
2020/21
2021/22
Employee Rate
12% up to £962 (2% above this level)
12% up to £967 (2% above this level)
Lower Earnings Limit
£ 120 pw
£ 120 pw
Earnings threshold (PT)
£ 183 pw
£ 184 pw
Employer Rate above PT
13.8%
13.8%
Class 2 (expatriates)
£ 3.05 pw
£ 3.05 pw
More detailed information from HMRC

Stephen Dann tax home page


->