Rates and thresholds for employers 2021-22
HMRC has published useful new guidance detailing the rates and thresholds for employers operating a payroll or providing expenses and benefits to their employees for the tax year 6 April 2021 to 5 April 2022.
The guidance summarises 2021-22 rates and thresholds for employers. It includes figures and guidance on:
- PAYE tax and Class 1 National Insurance contributions
- tax thresholds, rates and codes
- Class 1, Class 1A and Class 1B National Insurance thresholds rates
- National Minimum Wage
- Statutory Maternity, Paternity, Adoption, Shared Parental and Parental Bereavement Pay
- Statutory Sick Pay
- student loan and postgraduate loan recovery
- company cars: advisory fuel rates and
- employee vehicles: mileage allowance payments
