No Change to Tax Bandings or Tax Rates
No Tax payable for earnings of up to £11,450 (Increase of £250) - under both systems
(Minor changes to the Tax Taper Relief)
Social Insurance has Not changed this year
Read more: The Budget 2019/2020
The tax changes announced affects only the 'Low Earners'. No tax payable for taxpayer with assessable income of £11,200 or less (increase of £50)
Please note that Social Insurance has been increased by 10% effective as from 01/07/2018.
Read more: The Budget 2018/2019
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