This factsheet contains a table of tax and national insurance rates for the tax year 2023/24.
If you use a payroll service, they will make the relevant calculations for you.
|Earnings Threshold||£242.00 per week||Above this amount PAs begin paying income tax. (national insurance different – see below)
Above the tax-free limit, they pay 20% (basic rate) tax on their earnings.
|Lower Earnings Limit (LEL)||£123.00 per week||This is the amount a PA needs to earn to be eligible for statutory sick pay and statutory maternity pay.
Between the LEL of £123 and the Primary Threshold of £190 PAs pay national insurance contributions at 0%
|Employers National Insurance Contributions Threshold (NIC)
175 p/wk (Secondary threshold)
£190 p/wk (Primary threshold)
|Above this rate employers begin paying national insurance contributions at 13.8%.
Above this rate PAs begin paying national insurance contributions at 12%.
|Statutory sick pay (SSP)||£109.40 per week||To be eligible for SSP the PA must earn above the LEL of £123.00 per week.|
|Statutory maternity pay (SMP)||£172.48 per week||For the first 6 weeks payments should be made at 90% of their average weekly earnings.
After 6 weeks they should be paid the lower of 90% of their average weekly earnings or £156.66 per week.