Tax Rates and Allowances 2022/23

Minimum Wage

Introduction ⭢

Capital Allowances - Plant & Machinery ⭢

Capital Gains ⭢

Car Benefits ⭢

Car Fuel Benefit ⭢

Child Benefit ⭢

Corporation Tax Rates ⭢

Employee's Statutory Payments ⭢

Income Tax Allowances ⭢

Income Tax Rates - Across the UK ⭢

Income Tax Rates - Scotland ⭢

Income Tax Rates - Wales ⭢

Individual Savings Account (ISA) ⭢

Inheritance Tax (IHT) ⭢

Land and Buildings Transaction Tax ⭢

Land Transaction Tax ⭢

Mileage Allowance Payments (MAPs) for Employees ⭢

Minimum Wage ⭢

National Insurance Contributions (NIC) - Rates and Allowances ⭢

Pensions Automatic Enrolment ⭢

Pensions - Tax Relief on Pension Contributions ⭢

Property Allowance ⭢

Self Assessment - Key Dates ⭢

Stamp Duty ⭢

Stamp Duty Land Tax (SDLT) ⭢

State Pensions ⭢

Tax Reliefs for Individuals ⭢

Trade Allowance ⭢

Van Benefit ⭢

VAT ⭢

VAT Fuel Scale Charges ⭢

Vehicle Excise Duty (VED) - Passenger Cars ⭢

                 

  • National Minimum Wage rates apply to employees up to the age of 24.
  • National Living Wage (NLW) rates apply to employees 25 and over.
  • The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.
  • Penalties apply to employers who fail to pay minimum wages.

Age NLW 21-24 18-20 16-17 Apprentice
From 1 April 2022 £9.50 £9.19 £6.83 £4.81 £4.81