Tag: NIC

Tax Data 2019/2020

All figures are annual amounts (For English taxpayers) Allowances Personal allowance £12,500 Allowance withdrawn from £100,000 Transferable marriage allowance £1,250 Trading income £1,000 Property income £1,000 Rent-a-room £7,500Tax on earnings Earnings to £37,500 20% £37,501 to £150,000 40% Over £150,000

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