Some of the rates and bands have been frozen, while others have increased. Here are the rates and bands that will come into effect on 6th April:

England, Northern Ireland and Wales

	2020/21	2019/20
Personal allowance	£12,500	£12,500
Employee’s NI becomes due at	£9,500	£8,632
Employer’s NI becomes due at	£8,788	£8,632
Higher rate tax becomes due at	£50,000	£50,000
Class 2 NI becomes due when profits exceed	£6,475	£6,365
Class 2 NI per week	£3.05	£3.00
Class 4 NI becomes due when profits exceed	£9,500	£8,632

Scottish Tax Rates and Bands

The Scottish rates of income tax will change to the below on 11th May 2020.

	2020/21	2019/20
Personal allowance	£0 – £12,500	£0 – £12,500
Starter rate 19%	£12,501 – £14,585	£12,501 – £14,549
Basic rate 20%	£14,586 – £25,158	£14,550 – £24,944
Intermediate rate 21%	£25,159 – £43,430	£24,945 – £43,430
Higher rate 41%	£43,431 – £150,000	£43,431 – £150,000
Top rate 46%	Over £150,000	Over £150,000

Employment Allowance Increased

The Employment Allowance will increase from £3,000 to £4,000 on 6th April but from this date, only businesses with an employer’s NI liability of under £100,000 a year will be eligible to claim the allowance.

National Minimum Wage / National Living Wage rates per hour increased

The following rates will all increase on 6th April:

	2020/21	2019/20
Employees aged 25 and over: NLW	£8.72	£8.21
Employees aged under 18: NMW	£4.55	£4.35
Employees aged 18-20: NMW	£6.45	£6.15
Employees aged 21-24: NMW	£8.20	£7.70

Student Loan Income thresholds

The levels of income above which student loan repayments are due will change on 6th April as follows:

	2020/21	2019/20
Undergraduate loan: plan 1	£19,390	£18,935
Undergraduate loan: plan 2	£26,575	£25,725
Postgraduate loan	£21,000	£21,000