Rates and thresholds

• Rates and thresholds for employers 2024 to 2025. External website

•  Rates amd thresholds contain...

  PAYEPAYE or Pay as you earn is an HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment. tax and Class 1Employees under State Pension age earning more than the threshold a week from one job - they’re automatically deducted by the employer.National InsuranceA system of contributions paid by workers and employers in the UK, which funds various state benefits, such as the State Pension and Jobseeker's Allowance. contributions

  Tax thresholds, rates and codes

  Class 1 National Insurance thresholds

  Class 1 National Insurance rates

  Class 1AEmployers pay these directly on their employee’s expenses or benefits. National Insurance — expenses and benefits

  Class 1A National Insurance — termination awards and sporting testimonial payments

  Class 1BEmployers pay these directly on their employee’s expenses or benefits. National Insurance — PAYE Settlement Agreements (PSAs)

  National Minimum Wage

  Statutory Maternity, Paternity, Adoption, Shared Parental and Parental Bereavement Pay

  Statutory Sick PayStatutory sick pay refers to the pay an employer must give you if you’re too ill to work. It’s paid to you by your employer for up to 28 weeks, based on certain eligibility criteria - the cost of SSP is no longer able to be recovered - SSP is no longer reported to HMRC on your EPS submissions (SSPStatutory sick pay refers to the pay an employer must give you if you’re too ill to work. It’s paid to you by your employer for up to 28 weeks, based on certain eligibility criteria - the cost of SSP is no longer able to be recovered - SSP is no longer reported to HMRC on your EPS submissions)

  Student loanA government loan that students can use to help pay for their education. and postgraduate loan recovery

  Company cars — advisory fuel rates

  Employee vehicles — mileage allowance payments

  Employment AllowanceA scheme where a business can claim a reduction in the amount of employer's National Insurance contributions (NICs) they have to pay.

  Apprenticeship LevyThe Apprenticeship Levy is a UK tax on employers which is used to fund apprenticeship training. It is payable by all employers with an annual pay bill of more than £3 million, at a rate of 0.5% of their total pay bill. It is collected through PAYE alongside other employment taxes.

• National Insurance rates and categories. External website

• Income Tax rates and Personal Allowances. External website

Other rates

• National Minimum Wage and National Living Wage rates. External website

• Statutory redundancy pay. External website

Expenses and benefits

• Mileage and fuel rates and allowances. External website

• Advisory fuel rates. External website

• Company cars and fuel. External website

• Expenses and benefits: A-Z. External website

Previous rates and thresholds

• Rates and thresholds for employers 2023 to 2024. External website

• Rates and thresholds for employers 2022 to 2023. External website

• Rates and thresholds for employers 2021 to 2022. External website

• Rates and thresholds for employers 2020 to 2021. External website

• Rates and thresholds for employers 2019 to 2020. External website

• Rates and thresholds for employers 2018 to 2019. External website

Related topics:

• Guides to payroll
• Key payroll dates
• Rates and thresholds
• Tax calendar
• What is involved in running a payroll