Tax tables 2011-12

These tables reflect announcements made on 24 March, 22 June and 2 & 9 December 2010. For more detail on these rates, see Annual uprating of certain tax and tax credits rates and thresholds (112kb PDF)

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Comments

SMP for 2011-12

sandradavidson | | Permalink

Has the new SMP rate for 2011-12 been released?  Can't seem  to find it. A point in the right direction would be appreciated.

NIC thresholds

Coates Franklin Ltd | | Permalink

Anyone know why the primary and secondary NIC thresholds have diverged?  I thought the tax system was supposed to be being simplified?!

Simplification?

thomas34 | | Permalink

Good question Coates Franklin.

Employers pay NI on salaries over £7,075, employees pay NI on salaries over £7,225, employees pay tax on salaries over £7,475. Yep, all seems pretty simple to me.

Statutory Maternity Pay/Allowance.

lawmaniz | | Permalink

From 11 April 2011, statutory maternity pay (earnings related pay) will be 90% of employee's normal weekly earnings, payable for 6 weeks;

from the same date, statutory maternity pay (prescribed rate) will be £128.73 or 90% of normal weekly earnings if lower, payable for 33 weeks;

statutory maternity allowance is payable at the same rate but for 39 weeks: see Social Security Benefits Up-rating Order 2010, S.I. No.793 (statement made to Parlament on 08 December 2010 by the Minister for Pensions, Steve Webb, MP.

Personal allowances

simplypn | | Permalink

It looks like the tax tables are wrong.  They show the personal allowance for 2011/12 as being £7475.  Should it not be £8105?

Nope...

Jim Broome | | Permalink

£8105 from April 2012...

abelljms's picture

pa 11/12

abelljms | | Permalink

 

 

your query about pers allce amount proves how sucessful the chancellors 'lies' are in pulling wool......

 

As the CT rates announcement proves - u can't trust them for REAL rate until it IS the REAL rate. - Rest is all aspirational fantasyland.

 

 

abelljms's picture

IHT

abelljms | | Permalink

 

not that I will pay it........

 

40% both years?

The link says...........

Barkster | | Permalink

Tax tables - a handy summary of the rates for 2012-13

but these are tax tables for 2010-11 and 2011-12