Tax rates and allowances

An up-to-date, easy to view summary of all 2021/22 main tax rates, allowances, exemptions and available deductions.

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Key dates and deadlines
This is a summary of the key filing and payment dates.
Income tax rates and bands
Personal tax rates and allowances around the UK.
Corporation tax
Details of corporation tax rates and bands.
Inheritance tax
Inheritance tax rates, residence nil-rate band and allowances.
Capital gains tax
Capital gains tax rates and allowances.
VAT rates
VAT rates, schemes and thresholds.
National insurance contributions
National insurance contributions and rates.
Residential property letting
Residential property letting tax rates and allowances.
Main capital allowances
Reduce your business tax liability with your capital expenditure.
Patent box
Patent box rates.
Business deductions
In order to attract a deduction in computing the profits of a trade or business any expenses must be incurred wholly and exclusively for the purpose of the trade. Capital expenditure is not an allowable expense (capital allowances are claimed on these costs), and certain other expenses are barred by statute.
Penalties for late returns
The tax system has many fines and penalties for those that do not file or pay on time. Make sure you do not become liable to any of these fines or penalties.
Trusts and settlements
Trusts and settlements - tax rates and allowances.
Non-domiciled UK resident individuals claiming the remittance basis
The basics of the non-domicile charge.
Green travel allowances
There are a number of schemes intended to encourage employers to make arrangements for their staff to travel to work by more environmentally beneficial means.
Mileage allowances
Current and previous mileage allowances.
Vehicle benefits
Chargeable on employees and directors.
Vehicle duties
Pension premiums
There are limits that may be contributed to a registered pension scheme without incurring a tax charge. The maximum amount on which an individual can claim tax relief in any tax year is the greater of the individual's UK relevant earnings or £3,600.
EIS, SEIS, VCT and SITR
Enterprise investment schemes, seed enterprise investment schemes, venture capital trusts and social investment relief.
ISAs
Details of investment maximums for ISAs.
Stamp and property taxes
Stamp duty land tax on residential property is charged at different rates depending on the portion of the purchase price that falls within a certain rate band.
Air passenger duty rates
Duty levied on flights.
Landfill tax
Landfill tax rates.
Charitable giving
Charitable contributions and Gift Aid.
Annual tax on enveloped dwellings (ATED)
ATED is a tax payable by companies on high value residential property (a dwelling).
Diverted profits tax
Diverted profits tax rate.
Tax credits
Tax credits rates for this year and the last tax year.
State pension
State pension rates, pension credit and winter fuel allowances.

Tax rates and allowances

Key dates and deadlines

Income tax rates and bands

Corporation tax

Inheritance tax

Capital gains tax

VAT rates

National insurance contributions

Residential property letting

Main capital allowances

Patent box

Business deductions

Penalties for late returns

Trusts and settlements

Non-domiciled UK resident individuals claiming the remittance basis

Green travel allowances

Mileage allowances

Vehicle benefits

Vehicle duties

Pension premiums

EIS, SEIS, VCT and SITR

ISAs

Stamp and property taxes

Air passenger duty rates

Landfill tax

Charitable giving

Annual tax on enveloped dwellings (ATED)

Diverted profits tax

Tax credits

State pension

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