UK Payroll Facts 2019-20

UK Payroll Facts

Standard tax code is 1250L. This means £12,500 annual earnings allowance.

Tax Bands and Rates

2019-20BandwidthsTax Rate
Taxable earnings£0 - £37,50020%
Taxable earnings£37,501 - £100,00040%
Taxable earnings£100,000 - £150,00040% reducing personal allowances
Taxable earnings over£150,00045% no allowances

Statutory Payments

Statutory Sick Pay up to 28 Weeks (no reimbursement)£94.25 per week, £18.85 per day (5 day week)
Statutory Maternity / Adoption Pay paid for 39 weeks. First 6 weeks @ 90% of average weekly earnings.£148.68 gross per week for 33 weeks or average weekly earnings if less
Statutory Paternity Pay 1 or 2 consecutive weeks£148.68 gross per week or average weekly earnings if less
Small Employer ThresholdLess than £45,000 of previous year's NICrecover 100% plus 3% compensation
Large EmployerOnly on SMP / SPP / SAP92% recovery
Statutory Redundancy Pay maximum 20 weeks£508 per weekor your contracted weekly pay if lower as from 06/04/17

National Minimum Wage

Rate Per HourApril 2018April 2019
Age 16-17£4.20£4.35
Age 18-20£5.90£6.15
Age 21-24£7.38£7.70
25 and Over (National Living Wage)£7.83£8.21

National Insurance Earnings

Per WeekPer MonthPer AnnumEmployeesEmployers
Lower Earnings Limit (LEL)£118£512£6,136NilNil
Primary Threshold (PT)£166£719£8,63212%13.8%
Secondary Threshold (ST)£166£719£8,63212%13.8%
Upper Accrual Point (UAP)£962£4,167£50,00012%13.8%
Above Upper Earnings Limit (EUL)

Less upto £3,000 Annual Employment Allowance.

Student Loan Recovery

Rate or Threshold2019 to 2020 rate
Employee earnings threshold for Plan 1£18,935 per year
Employee earnings threshold for Plan 2£25,725 per year
Student loan deductions9%

NEW Postgraduate loan (PGL) earnings above £21,000 per year. 6% deduction.

Employee Vehicle Mileage Payments for Business Travel

Motor Cars and VansFirst 10,000 business miles*45p per mile
Motor Cars and VansOver 10,000 business miles25p per mile
Motorcycles24p per mile
Cycles20p per mile

*For National Insurance purposes, the higher rate applies to all miles, not only the first £10,000

Other Rates

Childcare Vouchers (Salary Sacrifice)Maximum £243 per month (£55 per week) 20%
Maximum £124 per month (£28 per week) 40%
Maximum £97 per month (£22 per week) 50%