Tax Rates and Thresholds
The rates and thresholds for tax, national insurance & personal allowances are updated each year on 6th April.
Below are the current and historical rates & thresholds that small businesses need to know.
Income Tax rates and Personal Allowances
Most UK taxpayers are entitled to a personal allowance (the amount of money that you are allowed to earn before you pay tax). The rate of income tax you pay depends on what you earn.
