UK payroll tax calendar and key tax dates 2023-24
As the cost of living crisis deepens and murmurs of recession louden, it’s more important than ever for UK payroll professionals to ensure workers’ payslips are correct and compliant.
In 2022, we’ve seen significant changes announced and later reversed – including income tax reductions and IR35 – with four different Chancellors in power. As a payroll software provider, it’s essential for our team to be equipped with all the latest news to keep our software up-to-date with automatic feature rollouts.
Check out the key changes coming into effect in the 2023-24 tax year and download our free tax calendar 2023-24 PDF below.
Download the 2023 – 2024 tax calendar PDF
Simply click here to open and download the PDF. No details required.
How to use the 2023-24 tax calendar
A tax calendar is a great resource to have handy when running payroll. Quickly check when your employees need to be paid and during what tax week / period.
The calendar begins from 6th April 2023, the start of the new tax year, and the weeks shown in orange mark the start of a new tax period.
Key tax dates 2023-24
The current income tax personal allowance is frozen until 2028 and Class 1 National Insurance rates remain 12% after the 1.25% Health and Social Care Levy was removed from 6 Nov 2022.
- 6 April: Inflation-linked benefits and tax credits are due to increase by 10.1%, in line with the Consumer Prices Index (CPI) rate of inflation in September 2022
- 6 April: The Income Tax additional rate threshold will be reduced from £150,000 to £125,140, impacting higher earners
- 6 April: The tax-free allowance for dividend income will be reduced from £2,000 to £1,000
Previous tax calendars
Information included in this article may be subject to change. Please refer to the date of publication. We endeavour to keep an up-to-date reflection of changes during the 2023-24 tax year.