Payroll Tax Rates 2019 / 2020

Standard tax code is 12505L. This gives an annual earnings allowance of £12,500

 

 

 

England and Northern Ireland

2018-2019	Bandwidths	Tax Rate
Taxable Earnings	0 - £37,500	20%
Taxable Earnings	£37,501 - £150,000	40%
Taxable Earnings	£150,000	45%

Scotland

2018-2019	Bandwidths	Tax Rate
Scottish Starter Tax Rate	up to £2,049	19% on annual earnings above the PAYE tax threshold
Taxable Earnings	£2,050 - £12,444	20%
Taxable Earnings	£12,445 to £30,930	21%
Taxable Earnings	£30,931 - £150,000	41%
Taxable Earnings	£150,000	46%

Wales

2018-2019	Bandwidths	Tax Rate
Taxable Earnings	£0 - £37,500	20% on annual earnings above the PAYE tax threshold
Taxable Earnings	£37,501 to £150,000	40%
Taxable Earnings	£150,000	45%

Statutory Payments

	Statutory Payments
Statutory Sick Pay up to 28 weeks (no reimbursement)	£94.25pw	£18.85 per day - 5 days
Statutory Maternity /Adoption Pay paid for 39 weeks	First 6 weeks 90% of average weekly earnings	Followed by 33 weeks at £148.68 or average weekly earnings if less
Statutory Paternity Pay up to 2 Statutory Paternity Pay up to 2 weeks weeks	£148.68 or average weekly earnings if less
Small Employer ThresholdSmall Employer Threshold	Less than £45,000 of previous years NIC	Recover 100% plus 3% compensation
Large EmploLarge Employer yer	Only on SMP/SPP/SAP	92% Recovery

National Minimum Wage

	National Minimum Wage
Age	Rate per hour From 1/04/19
Apprentice	£3.90
16-17	£4.35
18-20	£6.15
21-24	£7.70
25+	£8.21

National Insurance Earnings

National Insurance Earnings	Per Week	Per Month	Per Annum	Employees	Employers
Lower Earnings Limit (LEL)	£118	£512	£6,136	Nil	Nil
Primary Threshold (PT)	£166	£719	£8,632	12%	13.8%
Secondary Threshold (ST)	£166	£719	£8,632	12%	13.8%
Upper Accrual Point (UAP)	£962	£4.167	£50,000	12%	13.8%
Above Upper Earnings Limit (UEL)	£962	£4,167	£50,000	2%	13.8%

NB Less up to £2000 Annual Employment Allowance

 

Full details of all tax rates can be found on the HMRC site.