£2,440

Savings starting tax band rate

10%

Basic rate band

£37,400

Basic tax rate

20%

Higher rate begins at:

£37,401

Tax of UK dividends within basic rate band

10%

Higher tax rate

40%

UK dividend rate

32.5%

Trust rate

40%

Personal Allowance: Age under 65

£6,475

Personal Allowance: Age 65-74

£9,490

Personal Allowance: Age 75 and over

£9,640

Married couple's allowance (MCA):

£6,965

Lower earnings limit
(Primary Class 1)

£95

Primary threshold

£110

Upper earnings limit
(Primary Class 1)

£844

Upper accruals point

£770

Employees' primary Class 1
rate between primary threshold
and upper earnings limit

11%

Employees' primary Class 1
rate above upper earnings limit

1%

Employers' secondary Class 1
rate above secondary threshold

12.8%

Class 2 rate

£2.40

Class 2 small earnings
exception (per year)

£5,075

Class 3 rate

£12.05

Class 4 lower profits limit (per year)

£5,715

Class 4 upper profits limit (per year)

£43,875

Class 4 rate between lower profits limit and upper profits limit

8%

Class 4 rate above upper profits limit

1%