| Income Tax allowances table 2014 – 15 and 2015 – 16 | ||
| Income Tax allowances | 2014-15 | 2015-16 |
| Personal Allowance |
N/A | N/A |
| Personal Allowance for people born after 5 April 1948 |
£10,000 | £10,600 |
| Income limit for Personal Allowance | £100,000 | £100,000 |
| Personal Allowance for people aged 65-74 |
N/A | N/A |
| Personal Allowance for people born between 6 April 1938 and 5 April 1948 | £10,500 | £10,600 |
| Personal Allowance for people aged 75 and over |
N/A | N/A |
| Personal Allowance for people before 6 April 1938 | £10,660 | £10,660 |
| Maximum amount of Married Couple’s Allowance (born before 6th April 1935) |
£8,165 | £8,355 |
| Income limit for age-related allowances | N/A | N/A |
| Income limit for the allowances for those born before 6 April 1948 | £27,000 | £27,700 |
| Minimum amount of Married Couple’s Allowance | £3,140 | £3,220 |
| Blind Person’s Allowance | £2,230 | £2,290 |
| National Insurance contributions – rates and allowances | ||||
| £ per week | 2012-13 | 2013-14 | 2014 – 15 | 2015 – 16 |
| Lower earnings limit, primary Class 1 | £107 | £109 | £111 | £112 |
| Upper earnings limit, primary Class 1 | £817 | £797 | £805 | £815 |
| Upper accrual point | £770 | £770 | £770 | £770 |
| Primary threshold | £146 | £149 | £153 | £155 |
| Secondary threshold | £144 | £148 | £153 | £156 |
| Employees’ primary Class 1 rate between primary threshold and upper earnings limit | 12% | 12% | 12% | 12% |
| Employees’ primary Class 1 rate above upper earnings limit | 2% | 2% | 2% | 2% |
| Class 1A rate on employer provided benefits | 13.80% | 13.80% | 13.80% | 13.80% |
| Employees’ contracted-out rebate (for contracted-out salary related schemes only) | 1.40% | 1.40% | 1.40% | 1.40% |
| Married women’s reduced rate between primary threshold and upper earnings limit | 5.85% | 5.85% | 5.85% | 5.85% |
| Married women’s rate above upper earnings limit | 2% | 2% | 2% | 2% |
| Employers’ secondary Class 1 rate above secondary threshold | 13.80% | 13.80% | 13.80% | 13.80% |
| Employers’ contracted-out rebate, salary-related schemes | 3.40% | 3.40% | 3.40% | 3.40% |
| Employers’ contracted-out rebate, money-purchase schemes | Abolished from 6 April 2012 | N/A | N/A | N/A |
| Class 2 rate | £2.65 | £2.70 | £2.75 | £2.80 |
| Class 2 small earnings exception | £5,595 per year | £5,725 per year | £5,885 per year | £5,965 per year |
| Special Class 2 rate for share fishermen | £3.30 | £3.35 | £3.40 | £3.45 |
| Special Class 2 rate for volunteer development workers | £5.35 | £5.45 | £5.55 | £5.60 |
| Class 3 rate | £13.25 | £13.55 | £13.90 | £14.10 |
| Class 4 lower profits limit | £7,605 per year | £7,755 per year | £7,956 per year | £8060 per year |
| Class 4 upper profits limit | £42,475 per year | £41,450 per year | £41,865 per year | £42,385 per year |
| Class 4 rate between lower profits limit and upper profits limit | 9% | 9% | 9% | 9% |
| Class 4 rate above upper profits limit | 2% | 2% | 2% | 2% |
| Additional primary Class 1 percentage rate on deferred employments | 2% | 2% | 2% | 2% |
| Additional Class 4 percentage rate where deferment has been granted | 2% | 2% | 2% | 2% |
| Corporation Tax rates for financial years starting on 1 April | ||||
| Rate | 2012 | 2013 | 2014 | 2015 |
| Small profits rate | 20% | 20% | 20% | 20% |
| Small profits rate can be claimed by qualifying companies with profits at a rate not exceeding | £300,000 | £300,000 | £300,000 | n/a |
| Marginal Relief Lower Limit | £300,000 | £300,000 | £300,000 | n/a |
| Marginal Relief Upper Limit | £1,500,000 | £1,500,000 | £1,500,000 | n/a |
| Standard fraction | 1/100 | 3/400 | 1/400 | n/a |
| Main rate of Corporation Tax | 24% | 23% | 21% | 20% |
| Special rate for unit trusts and open-ended investment companies | 20% | 20% | 20% | 20% |