Tax rates & allowancesPersonal tax rates and allowances are generally set for income tax years running to 5 April. Corporate rates and allowances are set for financial years running to 31 March.Income taxEstimate your personal income tax liability using the current rates. View the current rates here.Child benefitWeekly amounts of child / working tax credits and child benefit.PensionsDetails of the amounts of tax relievable pension contributions for individuals and employers.VehiclesCalculate the taxable benefit using the relevant tables for employer provided cars, vans and related fuel.Individual Savings Account (ISA)The annual ISA investment limits.Corporation taxCompanies pay corporation tax on their income and gains. View the current rates and estimate the tax due.Capital allowancesPlant and machinery allowances and the allowances available for other assets.Value added taxThe current VAT percentages and the annual registration and deregistration thresholds.Capital gains taxStandard and higher rates of capital gains tax (CGT) together with the annual exemption. The special rate of CGT and the limit applying for entrepreneurs’ relief purposes.Inheritance taxInheritance tax rates and allowances.Stamp duty & land taxesThe current percentages of stamp duty and the various UK property/land transaction taxes.National insuranceEarnings thresholds and contribution percentages for Class 1 (employed), Class 2 and 4 (self-employed) and Class 3 (voluntary) national insurance contributions.Statutory payCurrent weekly amounts.Tax reliefs for individualsEIS, SEIS, VCTs and SIR.Minimum wageStatutory minimum wage levels.
