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Tax Factsheet

Check here for the latest tax information changed as and when the relevant legislation changes

2020/2021

Income Tax Rates

UK%Bandwidth
Basic Rate20%£1 to £37,500
Higher Rate40%£37,501 to £150,000
Additional Rate45%£150,001 and above
Scottish Rate  
Starter Rate19%£1 to £2,049
Basic Rate20%£2,050 to £12,444
Intermediate Rate21%£12,445 to £30,930
Higher Rate41%£30,931 to £150,000
Top Rate46%£150,001 and above

National Insurance Contributions

Pay Frequency
Lower
Earnings Limit
Primary
Earnings Threshold
Secondary Earnings Threshold
Upper
Earnings Threshold
Weekly£120£183£169£962
Monthly£520£792£732£4,167
Annual£6,240£9,500£8,788£50,000

 

Category Letter
Employee
earnings above PT up to UEL
Employee Earnings above UEL
Employer
Earnings above ST to UEL
Employer
Earnings above UEL
A12%2%13.8%13.8%
B5.85%2%13.8%13.8%
C0%0%13.8%13.8%
H12%2%0%13.8%
J2%2%13.8%13.8%
M12%2%0%13.8%
Z2%2%0%13.8%

 

Just a quick email to say to let you know that Jack has been assisting me today with submitting a VAT return. He has been very responsive, professional and has delivered this to a very stringent deadline. I really appreciate the fact he has gone out of his way to provide excellent service.

Ben McD June 2017