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Tax Rates and Bands

2015 / 2016 TAX RATES AND BANDS

 

From 6th April 2015, the Income Tax Rates and Bands are:

 

Rate % Bandwidth

Basic Rate 20% £1 to £31,785

Higher Rate 40% £31,786 to £150,000

Additional Rate 45% £150,001 and above

 

The basic Personal Allowance is £10,600

The threshold (starting point) for PAYE is £204 per week / £883 per month

The Emergency Code is 1060L 

Need help? Support is available at 0345 9390019 or [email protected].

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