UK tax rates tracker


All listed rates, thresholds, limits and charges are updated every time a change is made so you'll always know where you and your business stand with HMRC.

UK Corporation Tax rates for 2023/24

19%

Profit below £50,000

25%

Profit between £50,000 and £250,000 (eligible for Marginal Relief)

25%

Profit above £250,000 (not eligible for Marginal Relief)

Find out more

UK dividend tax rates and thresholds for 2023/24

8.75%

Basic rate

33.75%

Higher rate

39.35%

Additional rate

Find out more

UK Income Tax rates and brackets for 2023/24

20%

Basic rate

40%

Higher rate

45%

Additional rate

Find out more

UK mileage rates for 2023/24

45p/mile

Cars and goods vehicles

24p/mile

Motorcycles

20p/mile

Bicycles

Find out more

Class 1 employee's National Insurance rates for 2023/24

12%

Between the Primary Threshold and the Upper Earnings Limit

2%

Above the Upper Earnings Limit

Find out more

Class 4 National Insurance rates for 2023/24

9%

On profits from £12,570 to £50,270/year.

2%

On profits over £50,270/year.

Find out more

How much is VAT? A guide to UK VAT rates

20%

Standard rate

5%

Reduced rate

0%

Zero rate

Find out more

Are you ready for the new era of digital tax?

Find out how Making Tax Digital will affect you!