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Income tax and national insurance limits

Date: 23rd February, 2017   |   Author: Jacqui Gudgion   |   Comments: 0

From April 2017 the personal allowance will be £11,500 and the basic tax rate band £33,500; the 45% rate still kicks in at £150,000.

Meanwhile the new NIC limits are a lower limit of £8,164 and a higher limit of £45,000, with employee contributions thereafter at 2%.

Please contact Jacqui Gudgion if you would like to arrange a no obligation meeting to discuss matters in connection with any corporate or business tax issues.

 

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