PAYE tax rates and thresholds | 2018 to 2019 |
---|---|
Employee personal allowance | £228 per week £988 per month £11,850 per year |
UK basic tax rate | 20% on annual earnings above the PAYE tax threshold and up to £34,500 |
UK higher tax rate | 40% on annual earnings from £34,501 to £150,000 |
UK additional tax rate | 45% on annual earnings above £150,000 |
PAYE tax rates and thresholds | 2018 to 2019 |
---|---|
Employee personal allowance | £228 per week £988 per month £11,850 per year |
Scottish starter tax rate | 19% on annual earnings above the PAYE tax threshold and up to £2,000 |
Scottish basic tax rate | 20% on annual earnings from £2,001 to £12,150 |
Scottish intermediate tax rate | 21% on annual earnings from £12,151 to £31,580 |
Scottish higher tax rate | 41% on annual earnings from £31,581 to £150,000 |
Scottish top tax rate | 46% on annual earnings above £150,000 |
The emergency tax codes from 6 April 2018 are:
NLW & NMW Rates from 1st April 2018
Hourly rate | |
---|---|
Aged 25 and above (national living wage rate) | £7.83 |
Aged 21 to 24 inclusive | £7.38 |
Aged 18 to 20 inclusive | £5.90 |
Aged under 18 (but above compulsory school leaving age) | £4.20 |
Apprentices aged under 19 | £3.70 |
Apprentices aged 19 and over, but in the first year of their apprenticeship | £3.70 |
The same weekly SSP rate applies to all employees. However, the amount you must actually pay an employee for each day they’re off work due to illness (the daily rate) depends on the number of ‘qualifying days’ (QDs) they work each week.
Unrounded daily rates | Number of QDs in week | 1 day to pay | 2 days to pay | 3 days to pay | 4 days to pay | 5 days to pay | 6 days to pay | 7 days to pay |
---|---|---|---|---|---|---|---|---|
£13.1500 | 7 | £13.15 | £26.30 | £39.45 | £52.60 | £65.75 | £78.90 | £92.05 |
£15.3416 | 6 | £15.35 | £30.69 | £46.03 | £61.37 | £76.71 | £92.05 | |
£18.4100 | 5 | £18.41 | £36.82 | £55.23 | £73.64 | £92.05 | ||
£23.0125 | 4 | £23.02 | £46.03 | £69.04 | £92.05 | |||
£30.6833 | 3 | £30.69 | £61.37 | £92.05 | ||||
£46.0250 | 2 | £46.03 | £92.05 | |||||
£92.0500 | 1 | £92.05 |
Type of payment or recovery | 2018 to 2019 rate |
---|---|
SMP- weekly rate for first 6 weeks | 90% of the employee’s average weekly earnings |
SMP - weekly rate for remaining weeks | £145.18 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Paternity Pay (SPP) - weekly rate | £145.18 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Adoption Pay (SAP) - weekly rate for first 6 weeks | 90% of employee’s average weekly earnings |
SAP - weekly rate for remaining weeks | £145.18 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Shared Parental Pay (ShPP) - weekly rate | £145.18 or 90% of the employee’s average weekly earnings, whichever is lower |
SMP/SPP/ShPP/SAP - proportion of your payments you can recover from HMRC | 92% if your total Class 1 National Insurance (both employee and employer contributions) is above £45,000 for the previous tax year 103% if your total Class 1 National Insurance for the previous tax year is £45,000 or lower |
The Low Pay Commission (LPC) has recommended, and the Government has accepted, that the hourly rates should increase in April 2019 as follows:
The personal allowance for 2019/20 is set at £12,500 (£11,850 in 2018/19), and the basic rate limit will be increased to £37,500 (£34,500 in 2018-19). As a result, the higher rate threshold will be £50,000 in 2019/20. The additional rate threshold will remain at £150,000 in 2019/20. From 2021/22 onwards, the Personal Allowance and basic rate limit will be indexed with the Consumer Price Index (CPI). Changes to the basic rate limit, and higher rate threshold, will apply to non-savings, non-dividend income in England, Wales and Northern Ireland, and to savings and dividend income in the UK.
The marriage allowance will rise from £1,190 in 2018/19 to £1,250 in 2019/20.
Blind person's allowance will rise from £2,390 in 2018/19 to £2,450 in 2019/20.