26 November 2020: Hidden in the spending review was a statement that some income tax allowances and thresholds and national insurance limits would increase in line with the September CPI figure. ICAEW’s Tax Faculty explains what this means. ...
https://www.icaew.com/insights/tax-news ... for-202122
I doubt it was hidden but I didn't look!
Income tax personal allowance and national insurance limits for 2021-22
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- Lemon Half
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- Lemon Slice
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Re: Income tax personal allowance and national insurance limits for 2021-22
Don't forget that the income tax basic rate limit is less in Scotland, as are the rates of tax payable. The next Scottish budget will be on 28th January 2021. https://www.holyrood.com/news/view,most ... -announcesPinkDalek wrote:26 November 2020: Hidden in the spending review was a statement that some income tax allowances and thresholds and national insurance limits would increase in line with the September CPI figure. ICAEW’s Tax Faculty explains what this means. ...
https://www.icaew.com/insights/tax-news ... for-202122
I doubt it was hidden but I didn't look!
Who knows what rates will be announced then.
Adrian