2022-23
Personal Allowance:
£12,570
PAYE Thresholds:
Weekly: £242
Monthly: £1,048
Standard / Emergency tax code:
1257L
Tax Code uplifts:
- L: N/A due to no change in the Personal Allowance
- M: N/A due to no change in the Personal Allowance
- N: N/A due to no change in the Personal Allowance
Income Tax Rates – England & Northern Ireland
Basic rate 20% 1 – 37,700
Higher rate 40% 37,701 – 150,000
Additional rate 45% 150,001 >
Income Tax Rates – Scotland
Starter rate 19% 1 – 2,162
Basic rate 20% 2,163 – 13,118
Intermediate rate 21% 13,119 – 31,092
Higher rate 41% 31,093 – 150,000
Top rate 46% 150,001 >
Income Tax rates and thresholds are subject to parliamentary approval.
Income Tax Rates – Wales
Basic rate 20% 1 – 37,700
Higher rate 40% 37,701 – 150,000
Additional rate 45% 150,001 >
Income Tax rates and thresholds are subject to parliamentary approval.
Higher rate threshold – England and Northern Ireland:
£50,270
Higher rate threshold – Scotland:
£43,662
Subject to parliamentary approval
Higher rate threshold – Wales:
£50,270