Tax rates & allowances

The latest tax rates and allowances.

Personal tax rates and allowances are generally set for income tax years running to 5 April. Corporate rates and allowances are set for financial years running to 31 March.

07 Jan 2023

MTD for ITSA delayed for two more years

The Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026.

07 Jan 2023

Tax non-compliance during pandemic

Tax non-compliance during the pandemic cost the UK government ÂŁ9 billion, according to a report from the National Audit Office (NAO).