Self Assessment Threshold Change

From the tax year 2023 to 2024 onwards, the self assessment threshold for individuals taxed through PAYE only, will change from £100,000 to £150,000.

The affected individuals do not need to do anything for the tax year 2022 to 2023 as the tax return threshold remains at £100,000.

However, they will receive an exit letter if they submit a 2022 to 2023 return showing income between £100,00 and £150,000 taxed through PAYE and they do not meet any other criteria.

For the 2023 to 2024 tax year onwards, individuals will still need to submit a tax return if their income taxed through PAYE is below £150,000 but they meet one of the other criteria for submitting a self assessment tax return, such as:
• Receipt of any untaxed income
• Partner in a business partnership
• Liability to the High Income Child Benefit Charge
• Self-Employed individual and with gross income over £1,000

If you would like to discuss if this self assessment threshold change affects you, please contact your usual NRB advisor or our tax team.


Integrity is at the forefront of everything we do as we apply the strongest ethical and moral rigour across how we work and assist our clients.

At NR Barton we understand the importance of trust and through our integrity we make sure this underpins absolutely everything we do.

We like to do the best for our clients and this isn’t always easy. We aren’t afraid to use our integrity to confront difficult situations. We firmly believe that acting with our utmost integrity those difficult conversations will help to build our trust with our clients. Sometimes the difficult option is the best.

It is also our integrity that has helped us to build a strong local relationship in our market place and the thrive as a business for the last seventy years.

We’re here for the long term and our integrity will help us to achieve that.