UK Tax 2021-22

6 April 2021- 5 April 2022

Key Dates

  • 6 April 2021 – 2021/22 tax year begins.

  • 31 July 2021 – Second payment on a for 2020-21 income tax

  • 31 October 2021 – Deadline for postal submissions of self assessment tax returns for 2020-21 tax year to be received by HMRC

  • 31 January 2022 – Deadline for filing 2020-21 self assessment tax returns
    Balancing payment of tax due for 2020-21 and first payment on account for income tax for 2021-22

  • 5 April 2022 – 2021-22 tax year ends

Tax rates & allowances for 2021-22

INCOME TAX

Personal allowance: Up to £12,570 - 0%

Basic rate band: £12,571 - 50,270 - 20%

Higher rate bane: £50,271 - 150,000 - 40%

Additional rate: over £150,000 - 45%

National insurance

Employees (Class 1) | Threshold £9,568 | Rate 12% (main) / 2% (higher)

Employers (Class 1) | Threshold £8,840 | Rate 13.8

Self-employed (Class 4) | Threshold £9,568 | Rate 9% (main) / 2% (higher)

For help calculating your tax, submitting your return and/ or advice on how to save tax book a free review with an expat expert now.