National Insurance contributions Class 1 employed (2021/22) Earnings per week Employer rate £0 to £184 Nil £184 and over 13.8% Earnings per week Employee rate £0 to £184 Nil £184 to £967 12% £967 and over 2% National Insurance
State Pension State Pension age Historically the State Pension age was 60 for women and 65 for men. This has changed. It’s now 66 for everyone. The State Pension age is due to increase to 67 between 2026 and 2028
Inheritance tax (IHT) Value of estate Tax rate £1 – £325,000 (known as IHT threshold or nil rate band) 0% Over £325,000 40% Tax year Residence nil rate band 2017/18 £100,000 2018/19 £125,000 2019/20 £150,000 2020/21 £175,000 2021/22 £175,000
Capital gains tax (CGT) CGT is charged on any profits (the ‘gains’) you make when you sell (or transfer) shares and unit trusts or other assets such as a second home. If the total of any gains realised in the
Income tax – bands (after any personal allowance)
Income tax allowances and bands Please note it is taxable income which applies in this assessment, including earnings, pensions in payment, cash interest, fixed interest income, dividends and rent. ISA income is not included. Income tax – main personal allowances
HMRC update money laundering supervision guidance HMRC have updated their help and support guidance covering money laundering supervision. Online guides for estate agency businesses and for money service businesses have been added. View the updated guidance. View Estate agency business guidance
