threshold Archives | Taxfile https://www.taxfile.co.uk/tag/threshold/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 13:04:35 +0000 en-GB hourly 1 Tax-Free Personal Allowance Thresholds & Tax Bands (2022/23 to 2016/17) https://www.taxfile.co.uk/2022/05/tax-free-personal-allowance-thresholds/ Sat, 28 May 2022 09:56:55 +0000 https://www.taxfile.co.uk/?p=6820 Tax-Free Personal Allowance Thresholds & Tax Bands (2022/23 back to 2016/17)

Today we look at the tax-free allowance thresholds for what's officially known as the tax-free Personal Allowance in the tax and accountancy world.

The Tax-Free Personal Allowance

This is the amount a UK individual can earn as income before they have to pay any Income Tax. In the current tax year ...

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]]> ‘Employment Allowance’ to save businesses up to £2k in NIC https://www.taxfile.co.uk/2014/01/employment-allowance-to-save-nic-costs/ Mon, 27 Jan 2014 10:26:39 +0000 http://www.taxfile.co.uk/blog/?p=634 In April 2014 the new ‘Employment Allowance’ will be introduced. This will cut up to £2k off the National Insurance costs incurred by businesses and save employers nearly £5.5 billion across the UK as a whole by the end of the Parliament. This equates to £200 per UK employee. These savings will also be helped […]

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