Treasury,
Tax & Pensions

Quick Links: Income Tax

Tax year is 1 January to 31 December

Tax returns are normally issued 2 March following the tax year and have a submission deadline of 31 August or 60 days from date of issue, whichever is later

Payment of liabilities is 1 October or 30 days from date of assessment, whichever is later

 

Tax Year 2017:

Personal Allowance £15,000

(may be apportioned depending on individuals tax residency)

Income Tax Rates first £12,000 at 21%, any remainder at 26%

 

Tax Year 2016:

Personal Allowance £15,000

(may be apportioned depending on individuals tax residency)

Income Tax Rates first £12,000 at 21%, any remainder at 26%

 

For further information on Income Tax please go to Individuals & Employees