UK Tax Rates Reference
Comprehensive UK tax rates, allowances, and thresholds for all recent tax years.
England & Wales / Northern Ireland
Personal Allowance
£12,570Basic Rate (20%)20%
£12,571 - £50,270Higher Rate40%
£50,271 - £125,140Additional Rate45%
Over £125,140PA withdrawal thresholdPA reduced by \u00A31 for every \u00A32 above
£100,000Scotland
Personal Allowance
£12,570| Band | From | To | Rate |
|---|---|---|---|
| starter | £12,571 | £15,397 | 19% |
| basic | £15,398 | £27,491 | 20% |
| intermediate | £27,492 | £43,662 | 21% |
| higher | £43,663 | £75,000 | 42% |
| advanced | £75,001 | £125,140 | 45% |
| top | £125,141 | and above | 48% |
Employee (Class 1)
Primary Threshold
£12,570Upper Earnings Limit
£50,270Main Rate£12,570 - £50,270
8%Upper RateAbove £50,270
2%Self-Employed (Class 2 & 4)
Small Profits Threshold
£6,725Lower Profits Limit
£12,570Upper Profits Limit
£50,270Class 2 Weekly Rate
£3.50Class 4 Main Rate
6%Class 4 Upper Rate
2%Employer (Class 1 & 1A)
Secondary Threshold
£5,000Main Rate
15%Class 1A Rate (BIK)
15%Annual Exempt Amount
£3,000Residential Property - Basic Rate
18%Residential Property - Higher Rate
24%Other Assets - Basic Rate
18%Other Assets - Higher Rate
24%BADR Rate
14.0%BADR Lifetime Limit
£1,000,000Dividend Allowance
£500Basic Rate
8.8%Higher Rate
33.8%Additional Rate
39.4%Main RateProfits above upper limit
25%Small Profits RateProfits up to £50,000
19%Small Profits Limit
£50,000Upper Limit
£250,000Marginal Relief Fraction3/200
0.015Residential Rates
| From | To | Rate |
|---|---|---|
| £0.00 | £125,000 | 0% |
| £125,001 | £250,000 | 2% |
| £250,001 | £925,000 | 5% |
| £925,001 | £1,500,000 | 10% |
| £1,500,001 | and above | 12% |
Additional Dwelling Surcharge
5%First-Time Buyer
Relief Limit
£300,000Maximum Purchase Price
£500,000Rate (up to relief limit)
0%Non-Residential
| From | To | Rate |
|---|---|---|
| £0.00 | £150,000 | 0% |
| £150,001 | £250,000 | 2% |
| £250,001 | and above | 5% |
Non-Resident Surcharge
2%Annual Allowance
£60,000Money Purchase Annual Allowance (MPAA)
£10,000Tapered AA - Threshold Income
£200,000Tapered AA - Adjusted Income
£260,000Tapered AA - Minimum
£10,000Taper RateAA reduced by \u00A31 for every \u00A32 above threshold
50%High Income Child Benefit Charge
Lower Threshold
£60,000Upper Threshold
£80,000Student Loans
Plan 1 Threshold9%
£26,065Plan 2 Threshold9%
£28,470Plan 4 Threshold9%
£32,745Plan 5 Threshold9%
£25,000Postgraduate Threshold6%
£21,000Marriage Allowance
Transfer Amount
£1,260Tax Reduction
£252Child Benefit (Weekly)
First Child
£26.05Additional Child
£17.25Capital Allowances
Annual Investment Allowance (AIA)
£1,000,000Main Pool WDA
18%Special Rate Pool WDA
6%First Year Allowance
100%Structures & Buildings Allowance
3%