Please note, whilst every effort has been made to ensure this information is correct, please check with HMRC if unsure.
Income Tax
| Tax Bands | |
| Rate | Band(£) |
| 20% | 0 – 34,500 |
| 40% | 34,501 – 150,000 |
| 45% | Over 150,000 |
| Tax Bands Scotland | |
| Rate | Band(£) |
| 19% | 0 – 2,000 |
| 20% | 2,000 – 12,150 |
| 21% | 12,151 – 31,580 |
| 41% | 31,581 – 150,000 |
| 46% | Over 150,000 |
Tax Codes
Emergency Tax Code – 1185L
L Suffix Uplift +35
M Suffix Uplift +39
N Suffix Uplift +31
Tax Codes Scotland
Emergency Tax Code – 1185L
L Suffix Uplift +35
M Suffix Uplift +39
N Suffix Uplift +31
Student Loans
Threshold Plan 1 – £18,330
Threshold Plan 2 – £25,000
Rate – 9%
National Insurance
| NI Bands | |||||||||||||
| Pay Period | LEL | ST | PT | UEL | UST | AUST | |||||||
| 2017-18 | 2018-19 | 2017-18 | 2018-19 | 2017-18 | 2018-19 | 2017-18 | 2018-19 | 2017-18 | 2018-19 | 2017-18 | 2018-19 | ||
| Weekly | 113 | 116 | 157 | 162 | 157 | 162 | 866 | 892 | 866 | 892 | 866 | 892 | |
| 2 -Weekly | 226 | 232 | 314 | 324 | 314 | 324 | 1,731 | 1,783 | 1,731 | 1,783 | 1,731 | 1,783 | |
| 4 -Weekly | 452 | 464 | 628 | 648 | 628 | 648 | 3,432 | 3,566 | 3,462 | 3,566 | 3,462 | 3,566 | |
| Monthly | 490 | 503 | 680 | 702 | 680 | 702 | 3,750 | 3,863 | 3,750 | 3,863 | 3,750 | 3,863 | |
| Annual | 5,876 | 6,032 | 8,164 | 8,424 | 8,164 | 8,424 | 45,000 | 46,350 | 45,000 | 46,350 | 45,000 | 46,350 | |
| 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)
Sick Pay – £92.05
Adoption Pay – £145.18
Maternity Pay – £145.18
Shared Parental Pay – £145.18
Paternity Pay – £145.18
Small Employers’ Relief Threshold
£45,000
Automatic Enrolment & Pensions
| Weekly | 2 Weekly | 4 Weekly | Monthly | Quarterly | Bi-Annual | Annual | |
| Qualifying Earnings Lower Threshold | £116 | £232 | £464 | £503 | £1,508 | £3,016 | £6,032 |
| Automatic Enrolment Trigger | £192 | £384 | £768 | £833 | £2,499 | £4,998 | £10,000 |
| Qualifying Earnings Upper Threshold | £892 | £1,783 | £3,566 | £3,863 | £11,588 | £23,175 | £46,350 |
Company Cars (2018/2019 onwards)
Appropriate Percentage
| CO2 Emissions | Other | Diesel |
| 0-50g/km | 13% | 17% |
| 51-75g/km | 16% | 20% |
| 74-94g/km | 19% | 23% |
| Each additional 5g/km | +1% | |
| Maximum benefit | 37% |
*Diesel cars that meet Real Driving Emissions Step 2 (RDE2), are exempt from the 4% supplement i.e. same as Other
HMRC Advisory Fuel Rates from 1 Dec 2017 (Pence per mile)
| Engine Size | Petrol | LPG |
| 1400cc or less | 11p | 7p |
| 1401 to 2000cc | 14p | 9p |
| Over 2000cc | 21p | 14p |
| Diesel | ||
| 1600cc or less | 9p | |
| 1601 to 2000cc | 11p | |
| Over 2000cc | 13p | |
Fuel Scale Charge
The taxable benefit is obtained by multiplying the fuel scale charge of £23,400 by the appropriate percentage used to calculate the car benefit. Company van fuel benefit surcharge £610 for tax year 2017/2018
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 | Age 16 and 17 | Age 18 and 20 | Age 21 to 24 |
| £3.70 | £4.20 | £5.90 | £7.38 |
| National Living Wage | |||
| Age 25+ | |||
| £7.83 | |||
| Construction Industry Scheme | |
| Registered Rate (Matched Net) | 20% |
| Unregistered Rate | 30% |
| VAT Rate | 20% |
Employment Allowance
£3,000