National Insurance 2025/26 Class 1 (employed) rates Employee
Employer
Earnings per week
% Earnings per week
% Nil
Up to £242
Nil
Up to £96
£242.01 - £967
8 Over £96
15
Over £967 2 Entitlement to contribution-based benefits for employees retained for earnings between £125 and £242 per week. The employer rate is 0% for certain military veterans, employees under 21 and apprentices under 25 on earnings up to £967 per week. Class 1A (employers) 15% on employee taxable benefits Class 1B (employers) 15% on PAYE Settlement Agreements Class 2 (self-employed) nil (£3.50 per week where those with profits below £6,845 wish to make a voluntary contribution)
Class 3 (voluntary) flat rate per week £17.75 Class 4 (self-employed)
6% on profits between £12,570 and £50,270 plus 2% on profits over £50,270
Capital Gains Tax Individuals
2025/26
2024/25
Exemption
£3,000
£3,000
Standard rate
18% 10/18*% 24% 20/24*%
Higher/additional rate
Trusts Exemption
£1,500
£1,500
Rate
24% 20/24*%
*The 18/24% rates apply to disposals on/after 30 October 2024. The 18/24% rates may apply to the disposal of certain residential property for both years. Business Asset Disposal Relief The first £1m of qualifying gains are charged at 10% for 2024/25 and 14% for 2025/26.
Individual Savings Accounts
2025/26 £20,000
2024/25 £20,000
Overall investment limit
Junior account investment limit
£9,000
£9,000
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