|
||||
News
Spring Budget 2023
Income Tax The personal allowance will remain at £12570 in 2023/24 and remain at this level until 5 April 2028. The higher rate and additional rate tax thresholds will also reamin at £37700 and £150000 respectively.
The tax on dividends will be 8.75% on amounts received above £1000 and this exempt amount will be further reduced to £500 from 6 April 2024.
Employee National Insurance threshold to be set at £242 per week from 6 April 2023 to match the tax personal allowance. Employer rate to be £175 per week.
VAT
Enter content here Enter content here Enter content here |
||||
|
||||