• Baktash Afrooz

2021-22 Self-Employed Allowance & Tax

Updated: Jan 23

The self-employed personal allowance has remained at £12,500 for the last two years. This is increasing from £12,500 to £12,570 for 2021/22.

  • Basic-rate personal allowance - £12,570

  • higher rate – £50,270

Changes to the basic rate limit, and higher rate threshold, will apply to non-savings, non-dividend income in England, Wales and Northern Ireland, and to savings and dividend income in the UK.

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