Please find below the key tax changes that came into effect on 6^th April 2015.

Employee National Insurance Contributions (NIC) Threshold (rate above which your start paying at rate of 12%)

£153 to £155 pw (per week)

Or if monthly paid

£663 to £672 pm (per month)

Employee NIC Threshold Upper Limit (when rate drops from 12% to 2%)

£805 to £815 pw

Or

£3,489 to £3,532 pm

Employer NIC Threshold (13.8%)

£153 to £156 pw

£663 to £676 pm

Personal Allowance

0% £10,000 to £10,600

20% £31,865 down to £31,785