The attached tables contain the proposed tax rates and allowances for 2018/19.
For those of you planning ahead for 2018/19 the proposed rates are a useful point of reference. Maybe you are considering remuneration planning options or perhaps looking to purchase a new car? If so then the information on the income tax and NIC bands, reduced dividend allowance, increased car benefits rates and revised limits on car CO2 emissions for capital allowances will be particularly useful.
Please be aware that these rates are not yet final. We will be providing you with the finalised 2018/19 rates and allowances following the Spring Statement which will take place on Tuesday 13 March 2018. Please contact us if you require advice in the meantime.