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    RATES and ALLOWANCES

    Minimum Wage

    National Living Wage 2019-20 2018-19 Age 25 & over £8.21 p.h. £7.83 p.h.   National Minimum Wage 2019-20 2018-19 Aged 21 to 24 £7.70 p.h. £7.38 p.h. Aged 18 to 20 £6.15 p.h. £5.90 p.h. […]

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    Income Tax

    Bands 2019-20 2018-19 Savings starting rate – 0%* £0 – £5,000 £0 – £5,000 Basic rate 20% £0 – £37,500 £0 – £34,500 Higher rate 40% £37,501 – £150,000 £34,501 – £150,000 Additional rate 45% […]

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    NATIONAL INSURANCE

    National Insurance – Rates and Allowances 2019-20 2018-19 Lower weekly earnings limit, primary Class 1 £118 £116 Upper weekly earnings limit, primary Class 1 £962 £892 Primary weekly earnings threshold £166 £162 Secondary weekly earnings […]

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