Our comprehensive tax rates and allowances resources can help you understand and navigate the intricate landscape of tax regulations, empowering you to make informed financial decisions.
Our collection encompasses up-to-date, detailed information on current tax rates for various income brackets and businesses, including 2023/24 tax rates and allowance, UK income tax rates for 2023/24 and the payroll tax calendar in 2023/24.
No matter the sector you operate in, these resources offer clarity and guidance, ensuring you maximise your tax benefits while staying compliant with the ever-evolving tax laws. We provide updates on the latest changes in tax legislation and how they might impact your financial obligations, equipping you with the knowledge and tools you need to optimise your financial strategy and minimise tax liabilities.
Explore in-depth information on income tax rates and allowance, pensions, ISAs, tax reliefs and much more, and find out everything you need to know about different types of taxes below.
Personal 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 tax
Estimate your personal income tax liability using the current rates. View the current rates here.Child benefit
Weekly amounts of child / working tax credits and child benefit.Pensions
Details of the amounts of tax relievable pension contributions for individuals and employers.Vehicles
Calculate 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 tax
Companies pay corporation tax on their income and gains. View the current rates and estimate the tax due.Capital allowances
Plant and machinery allowances and the allowances available for other assets.Value added tax
The current VAT percentages and the annual registration and deregistration thresholds.Capital gains tax
Standard 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 tax
Inheritance tax rates and allowances.Stamp duty & land taxes
The current percentages of stamp duty and the various UK property/land transaction taxes.National insurance
Earnings thresholds and contribution percentages for Class 1 (employed), Class 2 and 4 (self-employed) and Class 3 (voluntary) national insurance contributions.Statutory pay
Current weekly amounts.Tax reliefs for individuals
EIS, SEIS, VCTs and SIR.Minimum wage
Statutory minimum wage levels.
