Personal Tax Allowance from April 2017

 

The personal tax allowance will increase to £11,000 per annum from 06 April 2017.

 

 

Employer National Insurance Allowance

 

Employer NI Allowance is currently £3,000 per year, per employer. Previously, the Employer NI allowance was set at £2,000 per year.

 

 

   Pensionable age

 

State Pension payments have changed over recent years & the New State Pension came into force in April 2016. The payments are set at £155.65 per week for both men & women if they qualify. Detailed information can be found at:

https://www.gov.uk/new-state-pension

 

Age UK have an excellent, easy to use, calculator if you are unsure when you will be entitled to claim the State Pension:

https://ageuk.org.uk/money-matters/pensions/pension-calculator/