George Osborne will announce the income tax and national insurance rates for 2016/17 in his Budget later today.
Telegraph Money will provide a calculator to show whether you will be better or worse off overall according to your earnings, so bookmark this page.
But we already know the new rates that will come into force on April 6 when the 2015/16 tax year begins. Everyone earning under £100,000 is expected to benefit.
The personal allowance will rise from £10,000 to £10,500, leaving the vast majority of workers, or 25.4 million people by the Government’s reckoning, better off.
Earners will save £100 in tax on the extra £500 that will be taken out of the 20pc tax band. It means an estimated 288,000 low earners will no longer pay income tax at all.
The starting level of the 40pc tax will also rise from £41,865 to £42,285.
Those earning more than £100,000 will not benefit from the increased personal allowance as this benefit is withdrawn between that level and £120,000.
The following tables will be updated with 2016/17's tax rates after the Budget this afternoon.
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