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2015/16 | Employee(primary) | Employer(secondary) | |
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Class 1 (not contracted out |
From | 1 Apr 2015 |
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Standard rate | 20% |
VAT fraction | 1/6 |
Reduced Rate | 5% |
Current Turnover Limits | |
Registration |
Income tax | 2015/16 | 2014/15 |
---|---|---|
Basic rate band – income up to | £31,785 | £31 |
Age | 21 and over | 18-20 | 16 and 17 | Apprentice rate* |
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From 1 October 201 |
Financial Year t |
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