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


Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.