Personal Tax

Details below should be taken only as a general guide. Some rates and allowances shown are subject to a range of exceptions. Special rules may apply to different circumstances and interactions with other taxes.

Main allowances
2018/192017/18
Personal allowance*1185011500
Dividend alliwance**20005000
Marriage allowance11851150
Income limit for MCA2890028000
Minimum amount of MCA33603260
Maximum amount of MCA86958445
Personal savings allowance**
Basic rate taxpayer10001000
Higher rate taxpayer500500
Additional rate taxpayerNilNil
Income tax rates
GeneralDividendTaxable income 2018/19Taxable income 2017/18
20% ***7.5%£0 - £34,500£0 - 33,500
40%32.5%£34,501 - 150,000£33,501 - 150,000
45%38.1%Over £150,000Over £150,000

Personal Tax

Main allowances
2018/192017/18
Personal allowance*1185011500
Dividend alliwance**20005000
Marriage allowance11851150
Income limit for MCA2890028000
Minimum amount of MCA33603260
Maximum amount of MCA86958445
Personal savings allowance**
Basic rate taxpayer10001000
Higher rate taxpayer500500
Additional rate taxpayerNilNil