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Draft 2017-18 Tax Calculator Updated

Draft 2017-18 Tax Calculator Updated

*Please note the information in this article may be out of date

Following the 'final' Autumn budget, delivered today by Treasurer Philip Hammond, we have integrated the announced changes to Personal Taxation and released it to the site.

The two changes announced were;

  • The increase of the Personal Tax Free Allowance from £11,500 to £11,850
  • Higher rate tax threshold increased from £45,350 to £46,350

In order to see the impact of the changes, please select "Draft 2017/18" from the Tax Year dropdown on the main site.

We will put together a more detailed summary later on, but for now, these are the important points for us.

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