GMT Accounting Ltd

Income Tax Allowances and NIC Rates 2019-2020

From 6 April 2019 to 5 April 2020 the following Income Tax and National Insurance thresholds and rates will apply:-.

Income Tax Thresholds & Rates

England and Northern Ireland:-

PAYE Tax Rates and Thresholds 2019-2020
Employee personal allowance £240 per week
£1,042 per month
£12,500 per year
English and Northern Irish basic tax rate 20% on annual earnings above the PAYE tax threshold and up to £37,500
English and Northern Irish higher tax rate 40% on annual earnings from £37,501 to £150,000
English and Northern Irish additional tax rate 45% on annual earnings above £150,000

Scotland:-

PAYE Tax Rates and Thresholds 2019-2020
Employee personal allowance £240 per week
£1,042 per month
£12,500 per year
Scottish starter tax rate 19% on annual earnings above the PAYE tax threshold and up to £2,049
Scottish basic tax rate 20% on annual earnings from £2,050 to £12,444
Scottish intermediate tax rate 21% on annual earnings from £12,445 to £30,930
Scottish higher tax rate 41% on annual earnings from £30,931 to £150,000
Scottish top tax rate 46% on annual earnings above £150,000

Wales:-

PAYE Tax Rates and Thresholds 2019-2020
Employee personal allowance £240 per week
£1,042 per month
£12,500 per year
Welsh basic tax rate 20% on annual earnings above the PAYE tax threshold and up to £37,500
Welsh higher tax rate 40% on annual earnings from £37,501 to £150,000
Welsh additional tax rate 45% on annual earnings above £150,000

Class 1 NIC Thresholds 2019-2020

Class 1 National Insurance thresholds per week per month per year
LEL £118 £512 £6,136
Primary Threshold (PT) £166 £719 £8,632
Secondary Threshold (ST) £166 £719 £8,632
Upper Secondary Threshold (under 21) (UST) £962 £4,167 £50,000
Apprentice Upper Secondary Threshold (apprentice under 25) (AUST) £962 £4,167 £50,000
Upper Earnings Limit (UEL) £962 £4,167 £50,000