Please note, whilst every effort has been made to ensure this information is correct, please check with HMRC if unsure.
Income Tax
Tax Bands rest of UK | |
Rate | Band(£) |
20% | 0 – 37,500 |
40% | 37,501 – 150,000 |
45% | Over 150,000 |
Tax Bands Wales | |
Rate | Band(£) |
20% | 0 – 37,500 |
40% | 37,501 – 150,000 |
45% | Over 150,000 |
Tax Bands Scotland | |
Rate | Band(£) |
19% | 0 – 2,049 |
20% | 2,050 – 12,444 |
21% | 12,445 – 30,931 |
41% | 30,931 – 150,000 |
46% | Over 150,000 |
Tax Codes rest of UK
Emergency Tax Code – 1250L
L Suffix Uplift +65
M Suffix Uplift +71
N Suffix Uplift +59
Tax Codes Scotland
Emergency Tax Code – 1250L
L Suffix Uplift +65
M Suffix Uplift +71
N Suffix Uplift +59
Student Loans
Threshold Plan 1 – £18,330
Threshold Plan 2 – £25,000
Rate – 9%
Postgraduate Student Loans
Threshold £21,000
Rate 6%
National Insurance
NI Bands | |||||||||||||
Pay Period | LEL | ST | PT | UEL | UST | AUST | |||||||
2018-19 | 2019-20 | 2018-19 | 2019-20 | 2018-19 | 2019-20 | 2018-19 | 2019-20 | 2018-19 | 2019-20 | 2018-19 | 2019-20 | ||
Weekly | 116 | 118 | 162 | 166 | 162 | 166 | 892 | 962 | 892 | 962 | 892 | 962 | |
2 -Weekly | 232 | 236 | 324 | 332 | 324 | 332 | 1,783 | 1,924 | 1,783 | 1,924 | 1,783 | 1,924 | |
4 -Weekly | 464 | 472 | 648 | 664 | 648 | 664 | 3,566 | 3,847 | 3,566 | 3,847 | 3,566 | 3,847 | |
Monthly | 503 | 512 | 702 | 719 | 702 | 719 | 3,863 | 4,167 | 3,863 | 4,167 | 3,863 | 4,167 | |
Annual | 6,032 | 6,136 | 8,424 | 8,632 | 8,424 | 8,632 | 46,350 | 50,000 | 46,350 | 50,000 | 46,350 | 50,000 | |
LEL = Lower Earnings Limit ST = Secondary Threshold | PT = Primary Threshold UEL = Upper Earnings Limit | UST = Upper Secondary Threshold AUST = Upper Secondary Threshold for Apprentices |
NI Rates (Employee) (%) | NI Rates (Employer)(%) | ||||||
Band | A,M,H | B | C | J,Z | A,B,C,J | M,Z | H |
<LEL | Nil | Nil | Nil | Nil | Nil | Nil | Nil |
LEL to Threshold | Nil | Nil | Nil | Nil | Nil | Nil | Nil |
Threshold to UEL | 12 | 5.85 | Nil | 2 | 13.8 | ||
ST to UST/AUST | Nil | Nil | |||||
>UEL/UST/AUST | 2 | 2 | Nil | 2 | 13.8 | 13.8 | 13.8 |
Statutory Payments (Weekly)
SAP/SMP Rate – 148.68
SPP/ShPP Rate – 148.68
SSP Rate – 94.25
Small Employers’ Relief Threshold
£45,000
Automatic Enrolment & Pensions
Weekly | 2 Weekly | 4 Weekly | Monthly | Quarterly | Bi-Annual | Annual | |
Qualifying Earnings Lower Threshold | £118 | £236 | £472 | £512 | £1,534 | £3,068 | £6,136 |
Automatic Enrolment Trigger | £192 | £384 | £768 | £833 | £2,499 | £4,998 | £10,000 |
Qualifying Earnings Upper Threshold | £962 | £1,924 | £3,847 | £4,167 | £12,500 | £25,000 | £50,000 |
From 6 April 2019 onwards Employer Minimum Contribution is 3%, Total Minimum Contribution is 8% (Including 5% Employee Contribution)
Company Cars
Appropriate Percentage (2019/2020)
CO2 Emissions | Electric, Petrol, RDE2 | Diesel (Not RDE2) |
0-50g/km | 16% | 17% |
51-75g/km | 19% | 20% |
74-94g/km | 22% | 23% |
95g/km | 23% | 27% |
Each additional 5g/km | +1% | |
Maximum benefit | 37% |
HMRC Advisory Fuel Rates from 1 Dec 2018 (Pence per mile)
Engine Size | Petrol | LPG |
1400cc or less | 12p | 8p |
1401 to 2000cc | 15p | 10p |
Over 2000cc | 22p | 15p |
Diesel | ||
1600cc or less | 10p | |
1601 to 2000cc | 12p | |
Over 2000cc | 14p |
Fuel Scale Charge (2019/2020)
The taxable benefit is obtained by multiplying the fuel scale charge of £24,100 by the appropriate percentage used to calculate the car benefit. Company van fuel benefit surcharge £655.
Current Approved Mileage Allowance Rates
First 10,000 miles | Each subsequent mile | |
Privately owned car | 45p | 25p |
Bicycle rate | 20p | 20p |
Motorcycle rate | 24p | 24p |
Passenger rate (each) | 5p | 5p |
Miscellaneous
National Minimum Wage | ||||
Apprentice Rate (U19) | Apprentice Rate | Age 16 and 17 | Age 18 and 20 | Age 21 to 24 |
£3.90 | £3.90 | £4.35 | £6.15 | £7.70 |
National Living Wage | ||||
Age 25+ | ||||
£8.21 |
Construction Industry Scheme | |
Registered Rate (Matched Net) | 20% |
Unregistered Rate | 30% |
VAT Rate | 20% |
Employment Allowance
£3,000
Scottish Earnings Arrestment Orders