Big changes are proposed for individual’s tax rates and deductions for 2018. The following are based upon the assumption that the current Tax Reform Bill will be written into law before the end of 2017.

Tax Brackets and Tax Rates.

There will still be 7 tax rates, starting at 10%. However the top rate is being cut from 39.6% down to 37%.

Single Filers:

Single Filers Tax Rates 2018

Married Fliing Separately:

Married Filing Separately 2018

Married Filing Jointly:

Married Filing Jointly 2018

Head of Household:

Head of Household 2018

Need some advice?

To speak to an adviser about your US/UK Tax affairs, please call Rachel Finch, Director, on 01275 867350. Alternatively, you can send a message to the team now.

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