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2017/18 UK Tax Tables

Courtesy of HMRC

Income Tax

2016-17 £ a year 2017-18 £ a year
Basic rate (20 per cent) 0 - 32,000 Basic rate (20 per cent) 0 - 33,500
Higher rate (40 per cent) 32,001 - 150,000 Higher rate (40 per cent) 33,501 - 150,000
Additional rate (45 per cent) Over 150,000 Additional rate (45 per cent) Over 150,000
2016-17 2017-18 Change
Personal Allowance 11,000 11,500 500
Income limit for personal allowance2 100,000 100,000 -
Married couples' allowance
Income limit for Married couple's allowance 27,700 28,000 300
Marriage Allowance 1,100 1,150 50
maximum amount5 8,355 8,445 90
minimum amount6 3,220 3,260 40
Blind person' s allowance 2,290 2,320 30

Class 2 NICs: Self-employed National Insurance Contribution Rates 2017-18

Tax Year 2017-18
Small Profits Threshold (SPT) £6,025 per year
Class 2 Contribution Rates Tax Year 2017-18
Annual Profits (£ a year) £ per week
Below SPT 0
Above SPT 2.85
Special Class 2 Rate for Share Fishermen 3.50
Special Class 2 Rate for Volunteer Development Workers 5.65

Class 3 NICs: Other Rates and Thresholds

Tax Year 2016-17 Tax Year 2017-18
Voluntary Contributions 14.10 14.25

Class 4 NICs: Self-employed rates and thresholds

Tax Year 2016-17 Tax Year 2017-18
Lower Profits Limit (LPL) £8,060 £8,164
Upper Profits Limit (UPL) £43,000 £45,000



Class 4 Contribution Rates Tax Year 2016-17 Tax Year 2017-18
Annual Profits Band NIC Rate (Per Cent) NIC Rate (Per Cent)
Below LPL 0 0
LPL to UPL 9 9
Above UPL 2 2

LPL = Lower Profits Limit

UPL = Upper Profits Limit

Working and Child Credit Tax rates and thresholds

£ a year
2016-17 2017-18 Change
Working Tax Credit
Basic element 1,960 1,960 -
Couple and lone parent element 2,010 2,010 -
30 hour element 810 810 -
Disabled worker element 2,970 3,000 30
Severe disability element 1,275 1,290 15
Childcare element maximum eligible cost for one child £175 per week £175 per week -
maximum eligible cost for two or more children £300 per week £300 per week -
per cent of eligible costs covered 70 per cent 70 per cent -
Child Tax Credit
Family element 545 545 -
Child element 2,780 2,780 -
Disabled child element 3,140 3,175 35
Severely disabled child element 1,275 1,290 15
Income thresholds and withdrawal rates
Income threshold 6,420 6,420 -
Withdrawal rate (per cent) 41% 41% -
First threshold for those entitled to Child Tax Credit only 16,105 16,105 -
Income rise disregard 2,500 2,500 0
Income fall disregard 2,500 2,500 -

Child Benefit and Guardian ′s Allowance

  £ a week
2016-17 2017-18 Change**
Child Benefit
First child rate 20.70 20.70 -
Rate for additional children 13.70 13.70 -
Guardian's Allowance 16.55 16.70 25

Tax-free Savings Accounts

  £ a week
2016-17 2017-18
Individual Savings Account (ISA) subscription limit
Overall limit 15,240 20,000
Junior ISA subscription limit 4,080 4,128
Child Trust Fund (CTF) subscription limit 4,080 4,128

Fuel Benefit Charge

Company Car Tax Fuel Benefit Charge 2016-17 2017-18
Car Fuel Benefit Charge Multiplier £22,200 £22,600
Van Fuel Benefit Charge £598 £610
Van Benefit Charge £3,170 £3,230