Tax Rates Reference

Comprehensive reference of UK tax rates, thresholds, and allowances for all tax years from 2011-12 to 2025-26.

Tax Year 2025-26

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

25.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

15.00%

Secondary Threshold:

£5,000

Employment Allowance:

£10,500

Employee Main Rate:

8.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£12,570

Income Tax

Personal Allowance:

£12,570

Basic Band Limit:

£37,700

Additional Rate Starts:

£125,140

Dividend Tax

Dividend Allowance:

£500

Basic Rate:

8.75%

Higher Rate:

33.75%

Additional Rate:

39.35%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2024-25

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

25.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

15.05%

Secondary Threshold:

£9,100

Employment Allowance:

£5,000

Employee Main Rate:

10.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£12,570

Income Tax

Personal Allowance:

£12,570

Basic Band Limit:

£37,700

Additional Rate Starts:

£125,140

Dividend Tax

Dividend Allowance:

£500

Basic Rate:

8.75%

Higher Rate:

33.75%

Additional Rate:

39.35%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2023-24

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

25.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£9,100

Employment Allowance:

£5,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£12,570

Income Tax

Personal Allowance:

£12,570

Basic Band Limit:

£37,700

Additional Rate Starts:

£125,140

Dividend Tax

Dividend Allowance:

£1,000

Basic Rate:

8.75%

Higher Rate:

33.75%

Additional Rate:

39.35%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2022-23

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

19.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

15.05%

Secondary Threshold:

£9,100

Employment Allowance:

£5,000

Employee Main Rate:

13.25%

Employee Additional Rate:

3.25%

Primary Threshold:

£12,570

Income Tax

Personal Allowance:

£12,570

Basic Band Limit:

£37,700

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£2,000

Basic Rate:

8.75%

Higher Rate:

33.75%

Additional Rate:

39.35%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2021-22

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

19.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,840

Employment Allowance:

£4,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£9,568

Income Tax

Personal Allowance:

£12,570

Basic Band Limit:

£37,700

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£2,000

Basic Rate:

7.50%

Higher Rate:

32.14%

Additional Rate:

38.14%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2020-21

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

19.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,788

Employment Allowance:

£4,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£9,500

Income Tax

Personal Allowance:

£12,500

Basic Band Limit:

£37,500

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£2,000

Basic Rate:

7.50%

Higher Rate:

32.14%

Additional Rate:

38.14%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2019-20

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

19.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,632

Employment Allowance:

£3,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£8,632

Income Tax

Personal Allowance:

£12,500

Basic Band Limit:

£37,500

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£2,000

Basic Rate:

7.50%

Higher Rate:

32.14%

Additional Rate:

38.14%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2018-19

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

19.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,424

Employment Allowance:

£3,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£8,424

Income Tax

Personal Allowance:

£11,850

Basic Band Limit:

£34,500

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£2,000

Basic Rate:

7.50%

Higher Rate:

32.14%

Additional Rate:

38.14%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2017-18

Corporation Tax

Small Profits Rate:

19.00%

Main Rate:

19.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,164

Employment Allowance:

£3,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£8,164

Income Tax

Personal Allowance:

£11,500

Basic Band Limit:

£33,500

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£5,000

Basic Rate:

7.50%

Higher Rate:

32.14%

Additional Rate:

38.14%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2016-17

Corporation Tax

Small Profits Rate:

20.00%

Main Rate:

20.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,112

Employment Allowance:

£3,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£8,060

Income Tax

Personal Allowance:

£11,000

Basic Band Limit:

£32,000

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

£5,000

Basic Rate:

7.50%

Higher Rate:

32.14%

Additional Rate:

38.14%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2015-16

Corporation Tax

Small Profits Rate:

20.00%

Main Rate:

20.00%

Lower Limit:

£50,000

Upper Limit:

£250,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£8,060

Employment Allowance:

£2,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£8,060

Income Tax

Personal Allowance:

£10,600

Basic Band Limit:

£31,785

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

Not available

Basic Rate:

0.00%

Higher Rate:

25.00%

Additional Rate:

30.56%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2014-15

Corporation Tax

Small Profits Rate:

20.00%

Main Rate:

21.00%

Lower Limit:

£300,000

Upper Limit:

£1,500,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£7,956

Employment Allowance:

£2,000

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£7,956

Income Tax

Personal Allowance:

£10,000

Basic Band Limit:

£31,865

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

Not available

Basic Rate:

0.00%

Higher Rate:

25.00%

Additional Rate:

30.56%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2013-14

Corporation Tax

Small Profits Rate:

20.00%

Main Rate:

23.00%

Lower Limit:

£300,000

Upper Limit:

£1,500,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£7,696

Employment Allowance:

Not available

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£7,755

Income Tax

Personal Allowance:

£9,440

Basic Band Limit:

£32,010

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

Not available

Basic Rate:

0.00%

Higher Rate:

25.00%

Additional Rate:

30.56%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2012-13

Corporation Tax

Small Profits Rate:

20.00%

Main Rate:

24.00%

Lower Limit:

£300,000

Upper Limit:

£1,500,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£7,488

Employment Allowance:

Not available

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£7,605

Income Tax

Personal Allowance:

£8,105

Basic Band Limit:

£34,370

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

Not available

Basic Rate:

0.00%

Higher Rate:

25.00%

Additional Rate:

30.56%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile

Tax Year 2011-12

Corporation Tax

Small Profits Rate:

20.00%

Main Rate:

26.00%

Lower Limit:

£300,000

Upper Limit:

£1,500,000

National Insurance

Employer Rate:

13.80%

Secondary Threshold:

£7,225

Employment Allowance:

Not available

Employee Main Rate:

12.00%

Employee Additional Rate:

2.00%

Primary Threshold:

£7,225

Income Tax

Personal Allowance:

£7,475

Basic Band Limit:

£35,000

Additional Rate Starts:

£150,000

Dividend Tax

Dividend Allowance:

Not available

Basic Rate:

0.00%

Higher Rate:

25.00%

Additional Rate:

30.56%

Mileage Allowance (AMAP)

First 10,000 miles:

45.00% per mile

After 10,000 miles:

25.00% per mile