HMRC publishes rates and thresholds for tax year 2021-22

02 February 2021

HMRC has published the rates and thresholds to be used when operating payrolls and providing expenses and benefits to employees, for tax year 2021-22.

This includes:

  • PAYE tax and Class 1 National Insurance contributions
  • Tax thresholds, rates, and codes
  • Class 1 National Insurance thresholds
  • Class 1 National Insurance rates
  • Class 1A National Insurance: expenses and benefits
  • Class 1A National Insurance: termination awards and sporting testimonial payments
  • Class 1B National Insurance: PAYE Settlement Agreements (PSAs)
  • National Minimum Wage
  • Statutory Maternity, Paternity, Adoption, Shared Parental and Parental Bereavement Pay
  • Statutory Sick Pay (SSP)
  • Student loan and postgraduate loan recovery
  • Company cars: advisory fuel rates
  • Employee vehicles: mileage allowance payments

 


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