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- The tax thresholds for the 2022/23 tax year are12:
- Primary threshold: £190 per week, rising to £242 per week from 6 July 2022.
- Secondary threshold: £175 per week for the whole of the 2022/23 tax year.
- Upper earnings limit: £967 per week for 2022/23, so that it remains aligned with the income tax higher rate threshold.
- For employees: £823 per month, £9,880 per year.
- For directors: £229 per week, £11,908 per year.
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The primary threshold is set initially at £190 per week, rising to £242 per week from 6 July 2022. The secondary threshold is set at £175 per week for the whole of the 2022/23 tax year. The upper earnings limit is set at £967 per week for 2022/23, so that it remains aligned with the income tax higher rate threshold.commonslibrary.parliament.uk/research-briefings/c…The thresholds for the tax year 2022/23 are: £190 per week £823 per month £9,880 per year for employees £229 per week £11,908 per year for directors.sleek.com/uk/resources/rates-and-allowances-tax-t… - People also ask
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