Rates & Thresholds at a Glance 2023-24


Tax Rates and Thresholds

 


 

 

 

 

 

 

 

Emergency Tax

 

The emergency tax codes from 6th April 2023 are:
 

 

 

Class 1 National Insurance Thresholds

 

 

 

Class 1 National Insurance Rates

 

Employee (primary) contribution rates:


 

 

 Employer (secondary) contribution rates:

 

 

 

Class 1A National Insurance Rate for Expenses and Benefits

 


Class 1A National Insurance Rate for Termination Awards and Sporting Testimonials

 

 

Statutory Payments

 

 

 

 

 

Statutory Sick Pay (SSP)

 


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.

 

 

 

 Student loan and Postgraduate loan recovery

 

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

BrightPay (Cloud) System RequirementsWhat's New in BrightPay?Features not yet available in BrightPayWhat's happening to BrightPay for Windows/Mac?Introduction to BrightPayGetting StartedStarting the New Tax YearImporting Into BrightPay from BrightPay Windows/MacMoving to BrightPay from another payroll softwareUser ManagementEmployer DetailsEmployee DetailsCoding NoticesDirectorsImporting Pay Data using CSV FileDistributing PayslipsPaying EmployeesRates & Thresholds at a GlancePayroll CalendarPostgraduate Loan DeductionsStudent Loan DeductionsStatutory PaymentsRTIEmployee Self Service PortalBrightPay (Cloud) Service InfrastructurePayroll JournalsTaxNational InsuranceNational Minimum Living WageYear EndEmployment AllowanceMileage Allowance Payments (MAPs)Apprenticeship LevyCommon HMRC Error MessagesGender Pay Gap ReportingTermination Awards & Sporting TestimonialsOff-Payroll Working (IR35)Payroll GivingPayslip TranslationsTwo Factor Authentication