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Higher rate threshold 2021/2022

Sixto Olson
Posted Mon, 31 Jul 2023 07:39:11 GMT by Sixto Olson
Can you please confirm the Higher Rate threshold for 2021/2022 ? I believe that this was initially £37,700, but later increased by Rishi Sunak to £50,270 in his Budget Statement speech as part of COVID support measures. Is this correct? And that it would stay at this level until April 2026.
HMRC Admin 32 Response
Posted Tue, 08 Aug 2023 10:51:00 GMT by HMRC Admin 32 Response
Hi,

The rate band was £37,700 but that figure is after the Personal Allowance. £50,270 is the figure including the Personal Allowance.

Thank you.

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