Understanding current UK tax rates and allowances is essential for effective financial planning and compliance. Personal tax rates generally apply to income tax years ending on 5 April, while corporate tax rates are set for financial years ending on 31 March.
This section provides a clear overview of the most commonly used UK tax rates, thresholds, and allowances to help individuals and businesses make informed decisions.
Capital allowances enable businesses to claim tax relief on qualifying assets such as plant, machinery, equipment, and certain fixtures.
Here you can find information on annual investment allowances, writing down allowances, and reliefs available for different types of business assets.
Capital Gains Tax applies when you dispose of assets such as property, investments, or business assets.
This section outlines:
Standard and higher CGT rates
Annual CGT exemption limits
Special CGT rates and thresholds for business asset disposal relief
Understanding CGT rules can help minimise tax liabilities through effective planning.
UK companies pay corporation tax on their profits and chargeable gains.
This section provides details of current corporation tax rates and explains how companies can estimate their tax liability while remaining fully compliant with HMRC regulations.
Child Benefit provides regular payments to support families with children.
Here you can view the current weekly Child Benefit amounts and understand how income levels may affect eligibility due to the High Income Child Benefit Charge.
Income tax is charged on earnings from employment, self-employment, pensions, and other sources.
This section helps individuals estimate their personal income tax liability using current tax bands, rates, and personal allowances.
ISAs allow individuals to save or invest money tax-efficiently.
Here you’ll find details of the annual ISA allowance and the limits applicable to different types of ISA accounts.
Inheritance Tax may apply to estates, gifts, and transfers of wealth.
This section outlines current inheritance tax rates, nil-rate bands, and available exemptions to help with estate planning.
UK employers must comply with statutory minimum wage and national living wage regulations.
This section provides up-to-date minimum wage rates applicable to different age groups and employment categories.
National Insurance contributions support state benefits and pensions.
Here you can view:
Earnings thresholds
Contribution rates for Class 1 (employees), Class 2 and 4 (self-employed), and Class 3 (voluntary)
Understanding these rates is essential for both individuals and employers.
Pension contributions offer valuable tax relief for individuals and employers.
This section explains contribution limits, tax-relievable amounts, and key pension allowance thresholds to support long-term retirement planning.
Individuals earning income from property or trading activities may benefit from specific tax allowances.
Here we explain available allowances and how they can reduce taxable income.
Stamp Duty Land Tax and related property taxes apply to UK property transactions.
This section outlines current tax rates and thresholds for residential and commercial property purchases across the UK.
Employers must provide statutory payments in certain situations.
This section details the current weekly statutory pay rates, including statutory sick pay and other statutory entitlements.
Various tax relief schemes are available to encourage investment and business growth.
Here we cover reliefs such as:
Enterprise Investment Scheme (EIS)
Seed Enterprise Investment Scheme (SEIS)
Venture Capital Trusts (VCTs)
Social Investment Relief (SIR)
Company vehicles can create taxable benefits for employees.
This section helps calculate taxable benefits using the relevant tables for company cars, vans, and fuel benefits.
VAT applies to many goods and services supplied in the UK.
Here you’ll find current VAT rates, registration thresholds, and deregistration limits to help businesses manage VAT obligations accurately.
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