FOCUS:: Budget 2016 – Income Tax 2016/17

2016/17, the Income Tax information below applies to both Scotland and the rest of the UK (England, Wales and Northern Ireland).

PAYE tax rates, thresholds and codes	2016 to 2017
Employee personal allowance	£212 per week £917 per month £11,000 per year
Basic tax rate	20% on annual earnings above the PAYE tax threshold and up to £32,000
Higher tax rate	40% on annual earnings from £32,001 to £150,000
Additional tax rate	45% on annual earnings above £150,000
Emergency tax codes	1100L W1, 1100L M1 or 1100L X