INCOME TAX 22/23 21/22 Main personal allowances and reliefs Personal allowance* £12,570 £12,570 Marriage/civil partner’s transferable allowance £1,260 £1,260 Married couple’s/civil partner’s allowance at 10%† – max £9,415 £9,125 (if at least one born before 6/4/35) – min £3,640 £3,530 Blind person’s allowance £2,600 £2,520 Rent-a-room relief £7,500 £7,500 Property allowance £1,000 £1,000 Trading allowance £1,000 £1,000 *Personal allowance reduced by £1 for every £2 of adjusted net income over £100,000 †Married couple’s/civil partner’s allowance reduced by £1 for every £2 of adjusted net income over £31,400 (£30,400 for 21/22), until minimum reached UK taxpayers excluding Scottish taxpayers’ non-dividend, non-savings income 20% basic rate on first slice of taxable income up to £37,700 £37,700 40% higher rate on next slice of taxable income over £37,700 £37,700 45% additional rate on taxable income over £150,000 £150,000 Scottish taxpayers – non-dividend, non-savings income 19% starter rate on taxable income up to £2,162 £2,097 20% basic rate on next slice up to £13,118 £12,726 21% intermediate rate on next slice up to £31,092 £31,092 41% higher rate on next slice up to £150,000 £150,000 46% top rate on income over £150,000 £150,000 All UK taxpayers Starting rate at 0% on band of savings income up to** £5,000 £5,000 Personal savings allowance at 0%: Basic rate £1,000 £1,000 Higher rate £500 £500 Additional rate £0 £0 Dividend allowance at 0%: All individuals £2,000 £2,000 Tax rates on dividend income: Basic rate 8.75% 7.5% Higher rate 33.75% 32.5% Additional rate 39.35% 38.1% Trusts: Standard rate band generally £1,000 £1,000 Rate applicable to trusts: Dividends 39.35% 38.1% Other income 45% 45% **Not available if taxable non-savings income exceeds the starting rate band High Income Child Benefit Charge 1% of benefit per £100 of adjusted net income between £50,000 – £60,000 Non-domicile remittance basis charge after UK residence in at least: 7 of the last 9 tax years £30,000 £30,000 12 of the last 14 tax years £60,000 £60,000
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