The freeze on the personal allowance and the income tax thresholds was extended for a further three years until 6 April 2031. The personal allowance will remain at £12,570 and the basic rate limit at £37,700.
The Class 1 primary threshold and the Class 4 lower profits limit remain aligned with the personal allowance for the same period.
Latest News
The second payment on account for the 2025/26 tax year is due by 31 July 2026. You will need…
Tax refunds are not issued automatically and if a client receives a letter or text message informing them that…
The High Income Child Benefit Charge (HICBC) applies to clawback child benefit where the recipient and/or their partner has…
Employers must pay workers aged 21 and older at least the National Living Wage (NLW), while workers under the…