These figures apply to non-dividend income, including income from savings, employment, property or pensions. From 2017 to 2018, the main rates were separated into the main rates, the savings rates and the default rates.
Savings rates
Savings rates
Tax year 2021 to 2022
Tax year 2022 to 2023
Starting rate for savings
0%
0%
Savings basic rate
20%
20%
Savings higher rate
40%
40%
Savings additional rate
45%
45%
These figures apply to savings income.
Dividend rates
Dividend rates
Tax year 2021 to 2022
Tax year 2022 to 2023
Dividend ordinary rate – for dividends otherwise taxable at the basic rate
7.5%
8.75%
Dividend upper rate – for dividends otherwise taxable at the higher rate
32.5%
33.75%
Dividend additional rate – for dividends otherwise taxable at the additional rate
38.1%
39.35%
These figures apply to dividend income received above the £2,000 tax-free Dividend allowance.
Default rates
Default rates
Tax year 2021 to 2022
Tax year 2022 to 2023
Default basic rate
20%
20%
Default higher rate
40%
40%
Default additional rate
45%
45%
These figures apply to non-savings and non-dividend income of any taxpayer that is not subject to either the Main rates or the Scottish Rates of Income Tax.
Starting rates for savings income
Starting rates for savings income
Tax year 2021 to 2022
Tax year 2022 to 2023
Starting rate for savings
0%
0%
Starting rate limit for savings
£5,000
£5,000
Special rates for trustees’ income
Special rates for trustees’ income
Tax year 2021 to 2022
Tax year 2022 to 2023
Standard rate on first £1,000 of income which would otherwise be taxable at the special rates for trustees
Up to 20%, depends on the type of income
Up to 20%, depends on the type of income
Trust rate
45%
45%
Dividend trust rate
38.1%
39.35%
Income tax allowances
Personal Allowance
Tax year 2021 to 2022
Tax year 2022 to 2023
Personal Allowance
£12,570
£12,570
Income limit for Personal Allowance
£100,000
£100,000
Income limit for Married Couple’s Allowance
£30,400
£31,400
The Personal Allowance reduces where the income is above £100,000 – by £1 for every £2 of income above the £100,000 limit. This reduction applies irrespective of date of birth.
The income limit for Married Couple’s Allowance is an age-related allowance. It is reduced by £1 for every £2 of income over this limit.
Marriage Allowance
Tax year 2021 to 2022
Tax year 2022 to 2023
Marriage Allowance
£1,260
£1,260
This transferable allowance is available to married couples and civil partners who are not in receipt of married couple’s allowance.
A spouse or civil partner who is not liable to income tax; or not liable at the higher or additional rates, can transfer this amount of their unused personal allowance to their spouse or civil partner.
The recipient must not be liable to Income Tax at the higher or additional rates.
Married Couple’s Allowance for those born before 6 April 1935
Tax year 2021 to 2022
Tax year 2022 to 2023
Maximum amount of Married Couple’s Allowance
£9,125
£9,415
Minimum amount of Married Couple’s Allowance
£3,530
£3,640
The relief for this allowance is given at 10%.
Blind Person’s Allowance
Tax year 2021 to 2022
Tax year 2022 to 2023
Blind Person’s Allowance
£2,520
£2,600
Dividend allowance
Tax year 2021 to 2022
Tax year 2022 to 2023
Dividend allowance
£2,000
£2,000
Personal Savings Allowance
Tax year 2021 to 2022
Tax year 2022 to 2023
Personal Savings Allowance for basic rate taxpayers
£1,000
£1,000
Personal Savings Allowance for higher rate taxpayers
£500
£500
From April 2016, the new Personal Savings Allowance means that basic rate taxpayers do not have to pay tax on the first £1,000 of savings income they receive and higher rate taxpayers do not have tax to pay on their first £500 of savings income.
Company car tax
CO2 emissions, g/km
Electric range (miles)
Appropriate percentage (%) for 2022 to 2023
Appropriate percentage (%) for 2023 to 2024
Appropriate percentage (%) for 2024 to 2025
0
N/A
2
2
2
1 to 50
More than 130
2
2
2
1 to 50
70 to 129
5
5
5
1 to 50
40 to 69
8
8
8
1 to 50
30 to 39
12
12
12
1 to 50
Less than 30
14
14
14
51 to 54
–
15
15
15
55 to 59
–
16
16
16
60 to 64
–
17
17
17
65 to 69
–
18
18
18
70 to 74
–
19
19
19
75 to 79
–
20
20
20
80 to 84
–
21
21
21
85 to 89
–
22
22
22
90 to 94
–
23
23
23
95 to 99
–
24
24
24
100 to 104
–
25
25
25
105 to 109
–
26
26
26
110 to 114
–
27
27
27
115 to 119
–
28
28
28
120 to 124
–
29
29
29
125 to 129
–
30
30
30
130 to 134
–
31
31
31
135 to 139
–
32
32
32
140 to 144
–
33
33
33
145 to 149
–
34
34
34
150 to 154
–
35
35
35
155 to 159
–
36
36
36
160 and over
–
37
37
37
For all cars, drivers must add 4% to their appropriate percentage if the car is propelled solely by diesel (up to a maximum of 37%). Cars that meet the Real Driving Emissions Step 2 (RDE2) standard are exempt from the diesel supplement.
National Insurance contributions
In 2022 to 2023 only, the Health and Social Care Levy will be delivered through a temporary 1.25% increase in the main and additional rates of Class 1 and Class 4 NICs.
Employee and employer Class 1 contributions rates and thresholds (£ per week)
Tax year 2021 to 2022
Tax year 2022 to 2023
Weekly Lower Earnings Limit (LEL)
£120
£123
Weekly Primary Threshold (PT)
£184
£190
Weekly Secondary Threshold (ST)
£170
£175
Upper Earnings Limit (UEL)
£967
£967
Upper Secondary Threshold (UST) for under 21s
£967
£967
Apprentice Upper Secondary Threshold (AUST) for under 25s
£967
£967
Veterans’ Upper Secondary Threshold
£967
£967
Freeport Upper Secondary Threshold
N/A
£481
Employment Allowance (per employer)
£4,000 per year
£4,000 per year
Employee’s (primary) Class 1 contribution rates
Earnings band
Tax year 2021 to 2022
Tax year 2022 to 2023
Below Weekly Lower Earnings Limit (LEL)
N/A
N/A
Weekly Lower Earnings Limit (LEL) to Weekly Primary Threshold (PT)
0%
0%
Weekly Primary Threshold (PT) to Upper Earnings Limit (UEL)
12%
13.25%
Above Upper Earnings Limit (UEL)
2%
3.25%
Married woman’s reduced rate for (primary) Class 1 contribution rates
Tax year 2021 to 2022
Tax year 2022 to 2023
Weekly earnings from between the Primary Threshold (PT) and Upper Earnings Limit (UEL)
5.85%
7.1%
Weekly earnings above the Upper Earnings Limit (UEL)
2%
3.25%
Employer’s (secondary) Class 1 contribution rates
Earnings band
Tax year 2021 to 2022
Tax year 2022 to 2023
Below Secondary Threshold (ST)
0%
0%
Above Secondary Threshold (ST)
13.8%
15.05%
Employer’s (secondary) Class 1 contribution rates for employees under 21
Earnings band
Tax year 2021 to 2022
Tax year 2022 to 2023
Below Upper Secondary Threshold (UST)
0%
0%
Above Upper Secondary Threshold (UST)
13.8%
15.05%
Employer’s (secondary) Class 1 contribution rates for apprentices under 25
Earnings band
Tax year 2021 to 2022
Tax year 2022 to 2023
Below Apprentice Upper Secondary Threshold (AUST)
0%
0%
Above Apprentice Upper Secondary Threshold (AUST)
13.8%
15.05%
Self-employed Class 2 contribution rates and thresholds (£ per week)
Tax year 2021 to 2022
Tax year 2022 to 2023
Small Profits Threshold (SPT)
£6,515
£6,725
Class 2 contribution rates
Tax year 2021 to 2022
Tax year 2022 to 2023
Annual profits (£ a year)
£ per week
£ per week
Below Small Profits Threshold (SPT)
£3.05 (voluntary)
£3.15 (voluntary)
Above Small Profits Threshold (SPT)
£3.05
£3.15
Special Class 2 rate for share fishermen
£3.70
£3.80
Special Class 2 rate for volunteer development workers
£6.00
£6.15
Class 3 National contributions: other rates and thresholds (£ per week)
Tax year 2021 to 2022
Tax year 2022 to 2023
Voluntary contributions
£15.40
£15.85
Self-employed Class 4 contribution rates and thresholds (£ per year)
Tax year 2021 to 2022
Tax year 2022 to 2023
Lower Profits Limit (LPL)
£9,568
£9,880
Upper Profits Limit (UPL)
£50,270
£50,270
Class 4 contribution rates
Tax year 2021 to 2022
Tax year 2022 to 2023
Annual profits band
NIC rate (per cent)
NIC rate (per cent)
Below Lower Profits Limit (LPL)
0%
0%
Lower Profits Limit (LPL) to Upper Profits Limit (UPL)
9%
10.25%
Above Upper Profits Limit (UPL)
2%
3.25%
Tax credits, Child Benefit and Guardians Allowance
Following the publication of CPI figures for September 2021 on 20 October, the government will conduct a review of benefits rates for 2022 to 2023. The outcome of the government’s review, including any changes to rates, will be announced in November 2021 and implemented in April 2022.
Working Tax Credit
Tax year 2021 to 2022 (£ per year (unless stated))
Basic element
£2,005
Couple and lone parent element
£2,060
30 hour element
£830
Disabled worker element
£3,240
Severe disability element
£1,400
Childcare element of Working Tax Credit
Tax year 2021 to 2022 (£ per year (unless stated))
Maximum eligible cost for one child
£175 per week
Maximum eligible cost for 2 or more children
£300 per week
Percentage of eligible costs covered
70%
Child Tax Credit
Tax year 2021 to 2022 (£ per year (unless stated))
Family element
£545
Child element
£2,845
Disabled child element
£3,435
Severely disabled child element
£1,390
Income threshold
£6,565
Withdrawal rate (per cent)
41%
First threshold for those entitled to Child Tax Credit only
£16,480
Income rise disregard
£2,500
Income fall disregard
£2,500
Child Benefit per week
Tax year 2021 to 2022
Eldest or only child
£21.15
Other children
£14.00
Guardian’s Allowance per week
Tax year 2021 to 2022
Guardian’s allowance
£18.00
Capital, assets and property
Pensions tax relief
Tax year 2021 to 2022
Tax year 2022 to 2023
Lifetime Allowance limit
£1,073,100
£1,073,100
Annual Allowance limit
£40,000
£40,000
Money Purchase Annual Allowance
£4,000
£4,000
Tapered Annual Allowance (applies when an individual has ‘adjusted income’ over this amount provided the ‘threshold income’ test is met)
Main rates for individuals other than gains on residential property (not eligible for Private Residence Relief) and carried interest
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
10%
10%
Income Tax higher rate payer
20%
20%
Rates for individuals (for gains on residential property not eligible for Private Residence Relief, and carried interest)
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
18%
18%
Income Tax higher rate payer
28%
28%
Main rate for trustees and personal representatives other than gains on residential property (not eligible for Private Residence Relief) and carried interest
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
20%
20%
Income Tax higher rate payer
20%
20%
Rate for trustees and personal representatives (for gains on residential property not eligible for Private Residence Relief)
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
28%
28%
Income Tax higher rate payer
28%
28%
Rate for personal representatives for gains on carried interest
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
28%
28%
Income Tax higher rate payer
28%
28%
Annual exempt amount for individuals and personal representatives
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
£12,300
£12,300
Income Tax higher rate payer
£12,300
£12,300
Annual exempt amount for most trustees
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
£6,150
£6,150
Income Tax higher rate payer
£6,150
£6,150
Rate on gains subject to business asset disposal relief
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
10%
10%
Income Tax higher rate payer
10%
10%
Rate on gains subject to investors’ relief
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
10%
10%
Income Tax higher rate payer
10%
10%
Business asset disposal relief: lifetime limit on qualifying gains
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
£1,000,000
£1,000,000
Income Tax higher rate payer
£1,000,000
£1,000,000
Investors’ relief: lifetime limit on gains for external investors
Tax year 2021 to 2022
Tax year 2022 to 2023
Income Tax basic rate payer
£10,000,000
£10,000,000
Income Tax higher rate payer
£10,000,000
£10,000,000
Inheritance Tax
Tax year 2021 to 2022
Tax year 2022 to 2023
Rate (for estates)
40%
40%
Reduced rate (for estates leaving 10% or more to charity)
36%
36%
Rate (for chargeable lifetime transfers)
20%
20%
Nil-rate band limit
£325,000
£325,000
Residence nil-rate band limit
£175,000
£175,000
Taper threshold for residence nil-rate band
£2,000,000
£2,000,000
Stamp Duty Land Tax (SDLT) – residential property
Standard rates from 1 October 2021 onwards
Property value
Rate (on portion of value above threshold)
Rate (on portion of value above threshold) if purchase is of an additional residential property
Rate (on portion of value above threshold) on or after 1 April 2021 if purchase is of residential property by certain non-UK residents
Rate (on portion of value above threshold) on or after 1st April 2021 if purchase is of an additional residential property and by certain non-UK residents
0 to £125,000
0%
3%
2%
5%
£125,000 to £250,000
2%
5%
4%
7%
£250,000 to £925,000
5%
8%
7%
10%
£925,000 to £1.5 million
10%
13%
12%
15%
over £1.5 million
12%
15%
14%
17%
Qualifying purchases in freeport tax sites will be eligible for full SDLT relief.
For the rate (on portion of value above threshold) if purchase is of an additional residential property, see HMRC guidance note on whether the higher rate applies.
Rates for first-time buyers purchasing properties worth £500,000 or less
Property Value
Rate (on portion of value above threshold) on or after 22 November 2017 if purchase qualifies for first-time buyer relief
Rate on or after 17 March 2016 (on portion of value above threshold)
0 to £150,000
0%
£150,000 to £250,000
2%
over £250,000
5%
Net Present Value (NPV) of the lease
Rate on or after 17 March 2016 (on portion of value above threshold)
0 to £150,000
0%
£150,000 to £5 million
1%
over £5 million
2%
Annual Tax on Enveloped Dwellings (ATED)
The ATED charges increase automatically each year in line with inflation (based on the previous September’s Consumer Price Index (CPI)).
The ATED annual charges will rise by 3.1% from 1 April 2022 in line with the September 2021 Consumer Price Index. A TIIN has not been published for this measure, as it is a routine legislative change. This table shows the property band and what the revised charges will be for the 2022 to 2023 chargeable period.
Taxable value of the property
Charge for tax year 2021 to 2022
Charge for tax year 2022 to 2023
£500,001 to £1,000,000
£3,700
£3,800
£1,000,001 to £2,000,000
£7,500
£7,700
£2,000,001 to £5,000,000
£25,300
£26,050
£5,000,001 to £10,000,000
£59,100
£60,900
£10,000,001 to £20,000,000
£118,600
£122,250
£20,000,001 and over
£237,400
£244,750
Residential Property Developer Tax
Percentage from 1 April 2022 onwards
UK annual allowance
4%
£25 million
Business and financial services
Corporation Tax rates
Financial year 2021 to 2022
Financial year 2022 to 2023
Financial year 2023 to 2024
Main rate
19%
19%
25%
Small profits rate
N/A
N/A
19%
Lower threshold
N/A
N/A
£50,000
Upper threshold
N/A
N/A
£250,000
North Sea oil and gas ring fence profits rates
For North Sea oil and gas ring fence profits the main rate is 30% and the small profits rate is 19%. The marginal relief ring fence fraction is 11/400ths. From April 2023 the marginal relief ring fence fraction will remain 11/400ths.
The lower and upper limits for ring fence profits are currently £300,000 and £1,500,000, respectively. From April 2023 the lower and upper limits for ring fence profits will be aligned with non-ring fence profits.
Corporation Tax allowances and reliefs
Financial year 2021 to 2022
Financial year 2022 to 2023
Plant and machinery: main rate expenditure
18%
18%
Plant and machinery: special rate expenditure
6%
6%
Structures and Buildings Allowance (SBA)
3%
3%
Annual Investment Allowance (AIA)
£1 million
£1 million
Enhanced Capital Allowances in Freeports (ECA+)
100%
100%
Enhanced Structures and Buildings Allowance (SBA+)
10%
10%
Full expensing: super-deduction
130%
130%
Full expensing: special rate FYA
50%
50%
R&D tax credits SME Scheme
230%
230%
R&D SME payable credit
14.5%
14.5%
R&D expenditure credit
13%
13%
Patent Box
10%
10%
Film Tax Relief
25%
25%
High-end TV Tax Relief
25%
25%
Video Games Tax Relief
25%
25%
Open ended investment companies and authorised unit trusts
20%
20%
Plant and machinery: main rate expenditure
18%
18%
The Patent Box has been phased in from April 2013, with companies being able to claim:
60% of the benefit in 2013 to 2014
70% in 2014 to 2015
90% in 2016 to 2017
100% in 2017 to 2018
For open-ended investment companies and authorised unit trusts the applicable Corporation Tax rate is 20%.
Cultural Corporation Tax allowances and reliefs
Financial year 2021 to 2022 (Prior to 27 October 2021
Financial year 2021 to 2022 (Post 27 October 2021)
Financial year 2022 to 2023
Financial year 2023 to 2024
Museums and Galleries Exhibition Tax Relief
20% / 25%
45% / 50%
45% / 50%
30% / 35%
Theatre Tax Relief
20% / 25%
45% / 50%
45% / 50%
30% / 35%
Orchestra Tax Relief
25%
50%
50%
35%
For Museums and Galleries Exhibition Tax Relief, 2 rates of reliefs are provided. The lower for non-touring productions and the higher for touring productions. The rate increase will apply from 27 October 2021.
For Theatre Tax Relief, 2 rates of reliefs are provided. The lower for non-touring productions and the higher for touring productions. The rate increase will apply from 27 October 2021.
Bank Levy
Chargeable equity and long-term chargeable liabilities
Short-term chargeable liabilities
1 January 2011 to 28 February 2011
0.025%
0.05%
1 March 2011 to 30 April 2011
0.05%
0.1%
1 May 2011 to 31 December 2011
0.0375%
0.075%
1 January 2012 to 31 December 2012
0.044%
0.088%
1 January 2013 to 31 December 2013
0.065%
0.130%
1 January 2014 to 31 March 2015
0.078%
0.156%
1 April 2015 to 31 December 2015
0.105%
0.21%
1 January 2016 to 31 December 2016
0.09%
0.18%
1 January 2017 to 31 December 2017
0.085%
0.17%
1 January 2018 to 31 December 2018
0.08%
0.16%
1 January 2019 to 31 December 2019
0.075%
0.15%
1 January 2020 to 31 December 2020
0.07%
0.14%
1 January 2021 onwards
0.05%
0.1%
Bank surcharge
Rate on profits (%)
Group allowance
January 2016 to April 2023
8%
£25 million
April 2023 onwards
3%
£100 million
The timing of the amendment to rate of the surcharge on banking companies to 3% aligns with the change to the main rate of Corporation Tax to 25%. From April 2023, the combined rate of tax on profits for banking companies will be 28%, up from 27% currently.
Diverted Profits Tax
Financial year 2021 to 2022
Financial year 2022 to 2023
Financial year 2023 to 2024
25%
25%
31%
Digital Services Tax
2% from 1 April 2020 onwards.
Amount
Global revenue threshold
£500 million
UK revenue threshold
£25 million
UK revenue allowance
£25 million
Economic Crime (Anti-Money Laundering) Levy
Entity / Payee size
UK revenue threshold
Fee in levy year 1: 1 April 2022 to 31 March 2023
Fee in levy year 2: 1 April 2023 to 31 March 2024 (first year the levy is paid )
Fee in levy year 3: 1 April 2024 – 31 March 2025
Small
Under £10.2 million
N/A (exempt)
N/A (exempt)
N/A (exempt)
Medium
£10.2 million to £36 million
N/A
£10,000
Fee rates are intended to remain unchanged up until the levy review in 2027. However, if the levy is yielding more or less than the desired £100 million per year, rates may need to be updated beforehand.
Large
£36 million to £1 billion
N/A
£36,000
Fee rates are intended to remain unchanged up until the levy review in 2027. However, if the levy is yielding more or less than the desired £100 million per year, rates may need to be updated beforehand.
Very large
Over £1 billion
N/A
£250,000
Fee rates are intended to remain unchanged up until the levy review in 2027. However, if the levy is yielding more or less than the desired £100 million per year, rates may need to be updated beforehand.
UK oil and gas taxes
Financial year 2021 to 2022
Financial year 2022 to 2023
Financial year 2023 to 2024
Petroleum Revenue Tax
0%
0%
0%
Ring fence Corporation Tax
30%
30%
30%
Supplementary charge
10%
10%
10%
For North Sea oil and gas ring fence profits the main rate is 30 per cent and the small profits rate is 19 per cent. The marginal relief ring fence fraction is 11/400ths.
Business rates
Financial year 2021 to 2022
Financial year 2022 to 2023
England standard multiplier
51.2p
51.2p
England small business multiplier
49.9p
49.9p
Small business multiplier applies to properties with a rateable value of less than £18,000 (or £25,500 in London).
Indirect tax
Alcohol Duty
The Budget confirmed that alcohol duty rates have been frozen, as shown in the table below.
Rate per litre of pure alcohol
Duty rate from 3 March 2021
Duty rate from 27 October 2021
Spirits
£28.74
£28.74
Spirits-based RTDs
£28.74
£28.74
Wine and made-wine: exceeding 22% alcohol by volume (abv)
£28.74
£28.74
Rate per hectolitre per cent of alcohol in the beer
Beer – General Beer Duty: exceeding 2.8% – not exceeding 7.5% abv
£19.08
£19.08
Beer – high strength: exceeding 7.5% – in addition to the General Beer Duty
£19.08 + £5.69
£19.08 + £5.69
Rate per hectolitre of product
Duty rate from 3 March 2021
Duty rate from 27 October 2021
Still cider and perry: exceeding 1.2% – not exceeding 6.9% abv
£40.38
£40.38
Still cider and perry: exceeding 6.9% – not exceeding 7.5% abv
£50.71
£50.71
Still cider and perry: exceeding 7.5% – less than 8.5% abv
£61.04
£61.04
Sparkling cider and perry: exceeding 1.2% – not exceeding 5.5% abv
£40.38
£40.38
Sparkling cider and perry: exceeding 5.5% – less than 8.5% abv
£288.10
£288.10
Wine and made-wine: exceeding 1.2% – not exceeding 4% abv
£91.68
£91.68
Wine and made-wine: exceeding 4% – not exceeding 5.5% abv
£126.08
£126.08
Still wine and made-wine: exceeding 5.5% – not exceeding 15% abv
£297.57
£297.57
Wine and made-wine: exceeding 15% – not exceeding 22% abv
£396.72
£396.72
Sparkling wine and made-wine: exceeding 5.5% – less than 8.5% abv
£288.10
£288.10
Sparkling wine and made-wine: at least 8.5% – not exceeding 15% abv
£381.15
£381.15
Tobacco products
Cigarettes
The duty rate will be the higher figure of the duty rate plus the ad valorem element or minimum excise tax.
Duty rate plus ad valorem element
Minimum excise tax
From 16 November 2020
An amount equal to 16.5% of the retail price plus £244.78 per 1,000 cigarettes
£320.90 per 1,000 cigarettes
From 6pm 27 October 2021
An amount equal to 16.5% of the retail price plus £262.90 per 1,000 cigarettes
£347.86 per 1,000 cigarettes
Cigars
Duty rate plus ad valorem element
Minimum excise tax
From 16 November 2020
£305.32 per kilogram
N/A
From 6pm 27 October 2021
£327.92 per kilogram
N/A
Hand-rolling tobacco
Duty rate plus ad valorem element
Minimum excise tax
From 16 November 2020
£271.40 per kilogram
N/A
From 6pm 27 October 2021
£302.34 per kilogram
N/A
Other smoking tobacco and chewing tobacco
Duty rate plus ad valorem element
Minimum excise tax
From 16 November 2020
£134.24 per kilogram
N/A
From 6pm 27 October 2021
£144.17 per kilogram
N/A
Tobacco for heating
Duty rate plus ad valorem element
Minimum excise tax
From 16 November 2020
£251.60 per kilogram
N/A
From 6pm 27 October 2021
£270.22 per kilogram
N/A
Gambling duties
Bingo Duty
Tax year 2021 to 2022
Tax year 2022 to 2023
Percentage of bingo promotion profits
10%
10%
General Betting Duty
Tax year 2021 to 2022
Tax year 2022 to 2023
Percentage of ‘net stake receipts’ for fixed odds bets and totalisator bets on horse or dog races
15%
15%
Percentage of ‘net stake receipts’ for financial spread bets
3%
3%
Percentage of ‘net stake receipts’ for all other spread bets
10%
10%
Pool Betting Duty
Tax year 2021 to 2022
Tax year 2022 to 2023
Percentage of net pool betting receipts
15%
15%
Lottery Duty
Tax year 2021 to 2022
Tax year 2022 to 2023
Percentage of the price paid or payable on taking a ticket or chance in a lottery
12%
12%
Remote Gaming Duty
Tax year 2021 to 2022
Tax year 2022 to 2023
Percentage of remote gaming profits
21%
21%
Machine Games Duty
Tax year 2021 to 2022
Tax year 2022 to 2023
Percentage of the net takings from dutiable machine games with a maximum cost to play not more than 20p and a maximum cash prize not more than £10 (Type 1 machines)
5%
5%
Percentage of net takings from machines which are not Type 1 machines but where the cost to play cannot exceed £5
20%
20%
Percentage of net takings from dutiable machine games where the maximum cost to play can exceed £5
25%
25%
Gaming Duty 2021 to 2022
Tax rate
Gross gaming yield
15%
£2,548,500
20%
£1,757,000
30%
£3,077,000
40%
£6,494,500
50%
Remainder
Figures for accounting periods beginning on or after 1 April 2022
Tax rate
Gross gaming yield
15%
£2,686,000
20%
£1,852,000
30%
£3,243,000
40%
£6,845,000
50%
Remainder
Insurance Premium Tax
Tax year 2021 to 2022
Tax year 2022 to 2023
Standard rate
12%
12%
Higher rate
20%
20%
Soft Drinks Industry Levy
To 27 October 2021
From 27 October 2021
Standard rate
18p per litre
18p per litre
Higher rate
24p per litre
24p per litre
Climate Change Levy main rates
Taxable commodity
Rate from 1 April 2021
Rate from 1 April 2022
Rate from 1 April 2023
Electricity (£ per kilowatt hour)
0.00775
0.00775
0.00775
Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility
0.00465
0.00568
0.00672
Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state
0.02175
0.02175
0.02175
Any other taxable commodity
0.03640
0.04449
0.05258
Climate Change Levy reduced rates
Taxable commodity supplied
Rate from 1 April 2021
Rate from 1 April 2022
Rate from 1 April 2023
Electricity
8%
8%
8%
Gas supplied by a gas utility or any gas supplied in a gaseous state that is of a kind supplied by a gas utility
17%
14%
12%
Any petroleum gas, or other gaseous hydrocarbon, supplied in a liquid state
23%
23%
23%
Any other taxable commodity
17%
14%
12%
Carbon Price Support rates of Climate Change Levy and fuel duty
Rate from 1 April 2016 to 31 March 2024
Carbon price equivalent (£ per tonne of carbon dioxide)
18.00
Supplies of commodity used in electricity generation
Rate from 1 April 2021 to 31 March 2024
Natural gas (£ per kilowatt hour)
0.00331
Liquid petroleum gas (£ per kilogram)
0.05280
Coal and other taxable solid fossil fuels (£ per gross gigajoule)
1.54790
Gas oil; rebated bio blend; and kerosene (£ per litre)
0.04916
Fuel oil; other heavy oil and rebated light oil (£ per litre)
0.05711
Aggregates Levy
Rate from 1 April 2021
Rate from 1 April 2022
Commercially exploited taxable aggregate
£2 per tonne
£2 per tonne
Landfill Tax rates for 2021 to 2023
Material sent to landfill
Rate from 1 April 2021
Rate from 1 April 2022
Rate from 1 April 2023
Coverage
England and Northern Ireland
England and Northern Ireland
England and Northern Ireland
Standard-rated (per tonne)
£96.70
£98.60
£102.10
Lower rated (per tonne)
£3.10
£3.15
£3.25
Landfill Tax was devolved to the Scottish Parliament in April 2015 and to the Welsh Parliament (Senedd Cymru) in April 2018.
Landfill Communities Fund for 2022 to 2023
As announced at Autumn Budget 2021, the government will set the value of the Landfill Communities Fund for 2022 to 2023 at £30.8 million, with the cap on contributions by landfill operators remaining at 5.3% of their Landfill Tax liability.
Plastic Packaging Tax
Rate from 1 April 2022
£200 per tonne for plastic packaging with less than 30% recycled plastic content.
There will be a de minimis threshold of 10 tonnes of plastic packaging per 12 months. In 2022 to 2023 only the rules for calculating the volume of applicable packaging will be adjusted.
Air Passenger Duty rates
Air Passenger Duty applies to all flights aboard aircraft 5.7 tonnes and above. Rates for direct long-haul flights from Northern Ireland are devolved and set at £0.
Direct long haul journeys are those where the first leg of the journey is to a destination outside Band A.
Air passenger duty rates for 2021 to 2022
Reduced rate (lowest class of travel)
Bands (approximate distance in miles from London)
From 1 April 2021
From 1 April 2022
Band A (0 to 2,000 miles)
£13
£13
Band B (over 2,000 miles)
£82
£84
Standard rate (other than the lowest class of travel)
Bands (approximate distance in miles from London)
From 1 April 2021
From 1 April 2022
Band A (0 to 2,000 miles)
£26
£26
Band B (over 2,000 miles)
£180
£185
Where a class of travel provides a seat pitch in excess of 1.016 metres (40 inches), the standard rate is the minimum rate that applies.
Higher rate
Bands (approximate distance in miles from London)
From 1 April 2021
From 1 April 2022
Band A (0 to 2,000 miles)
£78
£78
Band B (over 2,000 miles)
£541
£554
The higher rate applies to flights on aircraft of 20 tonnes and above, with fewer than 19 seats.
Air Passenger Duty rates for 2023
Bands (approximate distance in miles from the UK)
Reduced rate (lowest class of travel) from 1 April 2023
Standard rate (other than the lowest class of travel) from 1 April 2023
Higher rate from 1 April 2023
Domestic (flights within the UK)
£6.50
£13
£78
Band A (0 to 2,000 miles)
£13
£26
£78
Band B (2,001 to 5,500 miles)
£87
£191
£574
Band C (over 5,500 miles)
£91
£200
£601
Where a class of travel provides a seat pitch in excess of 1.016 metres (40 inches), the standard rate is the minimum rate that applies.
The higher rate applies to flights on aircraft of 20 tonnes and above, with fewer than 19 seats.
Fuel duty – £ per litre unless stated
Light oils
Rates on and after 6pm on 23 March 2011
Unleaded petrol
0.5795
Light oil (other than unleaded petrol or aviation gasoline)
0.6767
Aviation gasoline (Avgas)
0.3820
Light oil delivered to an approved person for use as furnace fuel
0.1070
Aviation gasoline (Avgas) was £0.3770 per litre on and after 6pm on 23 March 2011. It increased to £0.3820 per litre from 1 January 2021.
Heavy oils
Rates on and after 6pm on 23 March 2011
Heavy oil (diesel)
0.5795
Marked gas oil
0.1114
Fuel oil
0.1070
Heavy oil other than fuel oil, gas oil or kerosene used as fuel
0.1070
Kerosene to be used as fuel in an engine, other than in a road vehicle or for heating
0.1114
Biofuels
Rates on and after 6pm on 23 March 2011
Bio-ethanol
0.5795
Bio-diesel
0.5795
Bio-diesel for non-road use
0.1114
Bio-diesel blended with gas oil not for road fuel use
0.1114
Road fuel gases
Rates on and after 6pm on 23 March 2011
Liquefied petroleum gas (£ per kilogram)
0.3161
Road fuel natural gas including biogas (£ per kilogram)
0.2470
Other fuel
Rate on and after 6pm on 23 March 2011
Rate on and after 1 October 2016
Aqua-methanol set aside for road use
–
0.0790
Vehicle Excise Duty bands and rates for cars first registered on or after 1 April 2017
Budget 2018 announced that new diesel vehicles registered after 1 April 2018 that do not meet the real driving emission step 2 (RDE2) standard will be charged a supplement on their first year rate to the effect of moving up by one Vehicle Excise Duty band.
Tax year 2021 to 2022
CO2 emissions (g/km)
Standard rate
First year rate
0
0
0
1 to 50
155
10
51 to 75
155
25
76 to 90
155
115
91 to 100
155
140
101 to 110
155
160
111 to 130
155
180
131 to 150
155
220
151 to 170
155
555
171 to 190
155
895
191 to 225
155
1,345
226 to 255
155
1,910
Over 255
155
2,245
Cars with a list price of over £40,000 when new pay an additional rate of £355 per year on top of the standard rate, for 5 years.
Alternative fuelled vehicles, including hybrids, bioethanol and liquid petroleum gas, pay £155 per annum.
Tax year 2022 to 2023
CO2 emissions (g/km)
Standard rate
First year rate
0
0
0
1 to 50
165
10
51 to 75
165
25
76 to 90
165
120
91 to 100
165
150
101 to 110
165
170
111 to 130
165
190
131 to 150
165
230
151 to 170
165
585
171 to 190
165
945
191 to 225
165
1,420
226 to 255
165
2,015
Over 255
165
2,365
Cars with a list price of over £40,000 when new pay an additional rate of £355 per year on top of the standard rate, for 5 years.
Alternative fuelled vehicles, including hybrids, bioethanol and liquid petroleum gas, pay £155 per annum.
Vehicle Excise Duty bands and rates for cars registered on or after 1 March 2001
Tax year 2021 to 2022
Vehicle Excise Duty band (g/km)
CO2 emissions
Standard rate
A
Up to 100
0
B
101 to 110
20
C
111 to 120
30
D
121 to 130
130
E
131 to 140
155
F
141 to 150
170
G
151 to 165
210
H
166 to 175
250
I
186 to 200
275
J
186 to 200
315
K (Includes cars emitting over 225g/km registered before 23 March 2006)
201 to 225
340
L
226 to 255
585
M
Over 255
600
Tax year 2022 to 2023
Vehicle Excise Duty band (g/km)
CO2 emissions
Standard rate
A
Up to 100
0
B
101 to 110
20
C
111 to 120
30
D
121 to 130
135
E
131 to 140
165
F
141 to 150
180
G
151 to 165
220
H
166 to 175
265
I
186 to 200
290
J
186 to 200
330
K (Includes cars emitting over 225g/km registered before 23 March 2006)
201 to 225
360
L
226 to 255
615
M
Over 255
630
Vehicle Excise Duty bands and rates for cars and vans registered before 1 March 2001
Engine size
Tax year 2021 to 2022
Tax year 2022 to 2023
1549cc and below
170
180
Above 1549cc
280
295
Vehicle Excise Duty bands and rates for vans registered on or after 1 March 2001
Vehicle registration date
Tax year 2021 to 2022
Tax year 2022 to 2023
Early euro 4 and euro 5 compliant vans
140
140
All other vans
275
290
Vehicle Excise Duty bands and rates for motorcycles
Engine size
Tax year 2021 to 2022
Tax year 2022 to 2023
Not over 150cc
21
22
151cc and 400cc
45
47
401cc to 600c
69
73
Over 600cc
96
101
Vehicle Excise Duty bands and rates for motor tricycles
Engine size
Tax year 2021 to 2022
Tax year 2022 to 2023
Not over 150cc
21
22
All other tricycles
96
101
Vehicle Excise Duty bands and rates for trade licences
Vehicle type
Tax year 2021 to 2022
Tax year 2022 to 2023
Available for all vehicles
170
180
Available only for bicycles and tricycles (weighing no more than 450kg without a sidecar)
96
101
Vehicle Excise Duty and levy bands and rates for articulated vehicles and rigid vehicles without trailers
The band and rate payable can be calculated by using the following look-up tables.
In the table, the letter indicates the Vehicle Excise Duty and levy band the vehicle is in, and the number indicates the rate that is payable as part of that band (for example B2 would refer to Vehicle Excise Duty and levy band B, and rate 2 as determined by the weight and axle configuration of the vehicle).
For vehicles with trailers, the rate paid depends on whether the vehicle has road-friendly suspension.
There are separate tables for with and without road friendly suspension.
Rigid goods vehicle without trailer
Revenue weight of vehicle over
Revenue weight of vehicle not over
2 axles
3 axles
4 or more axles
3,500kg
7,500kg
A0
A0
A0
7,500kg
11,999kg
B0
B0
B0
11,999kg
14,000kg
B1
B1
B1
14,000kg
15,000kg
B2
B1
B1
15,000kg
19,000kg
D1
B1
B1
19,000kg
21,000kg
D1
B3
B1
21,000kg
23,000kg
D1
C1
B1
23,000kg
25,000kg
D1
D1
C1
25,000kg
27,000kg
D1
D1
D1
27,000kg
44,000kg
D1
D1
E1
Rigid vehicles with trailer
Revenue weight of vehicle (not trailer) over
Revenue weight of vehicle (not trailer) not over
2-axled rigid
3-axled rigid
4-axled rigid
11,999kg
15,000kg
B(T)
B(T)
B(T)
15,000kg
21,000kg
D(T)
B(T)
B(T)
21,000kg
23,000kg
E(T)
C(T)
B(T)
23,000kg
25,000kg
E(T)
D(T)
C(T)
25,000kg
27,000kg
E(T)
D(T)
D(T)
27,000kg
44,000kg
E(T)
E(T)
E(T)
Articulated vehicles
Articulated vehicles, tractive unit with 3 or more axles
Revenue weight of vehicle over
Revenue weight of vehicle not over
One or more semi-trailer axles
2 or more semi trailer axles
3 or more semi-trailer axles
3,500kg
11,999kg
A0
A0
A0
11,999kg
25,000kg
A1
A1
A1
25,000kg
26,000kg
A3
A1
A1
26,000kg
28,000kg
A4
A1
A1
28,000kg
29,000kg
C1
A1
A1
29,000kg
31,000kg
C3
A1
A1
31,000kg
33,000kg
E1
C1
A1
33,000kg
34,000kg
E2
D1
A1
34,000kg
36,000kg
E2
D1
C1
36,000kg
38,000kg
F
E1
D1
38,000kg
44,000kg
G
G
E1
Articulated vehicles, tractive unit with 2 axles
Revenue weight of vehicle over
Revenue weight of vehicle not over
One or more semi-trailer axles
2 or more semi trailer axles
3 or more semi-trailer axles
3,500kg
11,999kg
A0
A0
A0
11,999kg
22,000kg
A1
A1
A1
22,000kg
23,000kg
A2
A1
A1
23,000kg
25,000kg
A5
A1
A1
25,000kg
26,000kg
C2
A3
A1
26,000kg
28,000kg
C2
A4
A1
28,000kg
31,000kg
D1
D1
A1
31,000kg
33,000kg
E1
E1
C1
33,000kg
34,000kg
E1
E2
C1
34,000kg
38,000kg
F
F
E1
38,000kg
44,000kg
G
G
G
VAT
April 2021 to 2022
April 2022 to 2023
Standard rate
20%
20%
Reduced rate
5%
5%
Zero rate
0%
0%
Exempt
N/A
N/A
Temporary reduced rate for hospitality and tourism sector
5%/12.5%
20%
The 5% rate applied to the 30 September 2021 and the 12.5% rate applies from 1 October 2021 to 31 March 2022.
