Ned Fee Rules
The Ned Fee Rules carries 7 published figures read from 2 sources' own pages, from 5,000 to 125,140 GBP, read 9 November 2026.
3 of the 0 named sources read in full publish a figure; 0 publish none, read 9 November 2026.
By rule
| Breakdown | Median | Range | Sources |
|---|---|---|---|
| rule personal-allowance | 12,570 GBP | 12,570 to 12,570 GBP | 1 |
| rule basic-rate-band | 37,700 GBP | 37,700 to 37,700 GBP | 1 |
| rule higher-rate-band | 125,140 GBP | 125,140 to 125,140 GBP | 1 |
| rule additional-rate | 125,140 GBP | 125,140 to 125,140 GBP | 1 |
| rule employer-nic-secondary-threshold | 5,000 GBP | 5,000 to 5,000 GBP | 1 |
| rule employment-allowance | 10,500 GBP | 10,500 to 10,500 GBP | 1 |
| rule vat-registration-threshold | 90,000 GBP | 90,000 to 90,000 GBP | 1 |
| rule chair-tenure-code | 9 year | 9 to 9 year | 1 |
Every figure, with its source
One row per published figure: the figure as the source's own page publishes it, the page, and the day it was read. A figure that is not on a page we read is not on this one.
| Source | Figure | Breakdown | Read |
|---|---|---|---|
| Rates and thresholds for employers 2026 to 2027 - GOV.UK | 125,140 GBP | higher-rate-band | 2026-10-19 |
| Rates and thresholds for employers 2026 to 2027 - GOV.UK | 125,140 GBP | additional-rate | 2026-10-19 |
| How VAT works: VAT thresholds - GOV.UK | 90,000 GBP | vat-registration-threshold | 2026-11-04 |
| Rates and thresholds for employers 2026 to 2027 - GOV.UK | 37,700 GBP | basic-rate-band | 2026-10-19 |
| Rates and thresholds for employers 2026 to 2027 - GOV.UK | 12,570 GBP | personal-allowance | 2026-10-19 |
| Rates and thresholds for employers 2026 to 2027 - GOV.UK | 10,500 GBP | employment-allowance | 2026-10-19 |
| Rates and thresholds for employers 2026 to 2027 - GOV.UK | 5,000 GBP | employer-nic-secondary-threshold | 2026-10-19 |
| UK Corporate Governance Code 2024 | 9 year | chair-tenure-code | 2026-11-09 |
The sentence each figure was read from (8)
- Rates and thresholds for employers 2026 to 2027 - GOV.UK, read 2026-10-19:
Higher tax rate From £37,701 to £125,140
- Rates and thresholds for employers 2026 to 2027 - GOV.UK, read 2026-10-19:
Additional tax rate Above £125,140
- How VAT works: VAT thresholds - GOV.UK, read 2026-11-04:
Circumstance Threshold What to do Total taxable turnover More than £90,000 Register for VAT
- Rates and thresholds for employers 2026 to 2027 - GOV.UK, read 2026-10-19:
Basic tax rate Up to £37,700
- Rates and thresholds for employers 2026 to 2027 - GOV.UK, read 2026-10-19:
£12,570 per year
- Rates and thresholds for employers 2026 to 2027 - GOV.UK, read 2026-10-19:
Employment Allowance for 2026 to 2027 is £10,500.
- Rates and thresholds for employers 2026 to 2027 - GOV.UK, read 2026-10-19:
£5,000 per year
- UK Corporate Governance Code 2024, read 2026-11-09:
The new period for chairs ensures that there is careful consideration after 9 years.
Methodology
Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2).
3 of the 0 named sources that could be read published a usable figure; 0 published none and are recorded as not published, never filled in; 9 could not be read (blocked, dead or unreachable) and count nowhere.
The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source for each breakdown it prices, in GBP (a source's median where its page yielded several accepted sentences for one breakdown), so a page that gives figures for several breakdowns gives one for each and N counts 7 figures, never sentences; 121 candidate sentence(s) were refused by a reviewer with the reason recorded.
The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): one row per rule with its authority and current figure: a NED as office holder whose fees are employment income (ITEPA s5) taxed through PAYE with employer NIC at the current rate and threshold, how off-payroll working applies, VAT on a fee invoiced through a VAT-registered firm, the director's duties that come with the seat (Companies Act ss174, 250), and the Corporate Governance Code's remuneration principle for listed boards
121 candidate sentences on these pages were refused by a reviewer; each refusal and its reason is recorded in the review ledger.
Sources (9)
- EIM02504 - Employment income: directors’ fees received by companies: exemption from charge(the publisher's own terms; quoted for reporting and comment)
- ESM10014 - off-payroll working legislation: Chapter 10, ITEPA 2003 (from 6 April 2021): ba(the publisher's own terms; quoted for reporting and comment)
- Income Tax (Earnings and Pensions) Act 2003(the publisher's own terms; quoted for reporting and comment)
- Companies Act 2006(the publisher's own terms; quoted for reporting and comment)
- Companies Act 2006(the publisher's own terms; quoted for reporting and comment)
- UK Corporate Governance Code 2024(the publisher's own terms; quoted for reporting and comment)
- Rates and thresholds for employers 2026 to 2027 - GOV.UK(the publisher's own terms; quoted for reporting and comment)
- How VAT works: VAT thresholds - GOV.UK(the publisher's own terms; quoted for reporting and comment)
- Understanding off-payroll working (IR35) - GOV.UK(the publisher's own terms; quoted for reporting and comment)
Cite or embed this figure
The Ned Fee Rules carries 7 published figures read from 2 sources' own pages, from 5,000 to 125,140 GBP, read 9 November 2026.
3 of the 0 named sources read in full publish a figure; 0 publish none, read 9 November 2026.
Ned Fee Rules, rule personal-allowance: median 12,570 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule basic-rate-band: median 37,700 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule higher-rate-band: median 125,140 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule additional-rate: median 125,140 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule employer-nic-secondary-threshold: median 5,000 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule employment-allowance: median 10,500 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule vat-registration-threshold: median 90,000 GBP across 1 source, read 9 November 2026.
Ned Fee Rules, rule chair-tenure-code: median 9 year across 1 source, read 9 November 2026.
Cite as: "nedfees.co.uk Ned Fee Rules", updated 2026-11-09, https://nedfees.co.uk/datasets/ned-fee-rules/.
Download the CSV (8 rows, computed 2026-11-09)
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Questions this data answers
How is a NED's fee taxed and governed: PAYE and NIC on an office holder, IR35, VAT, and the governance rules on non-executive remuneration?
The Ned Fee Rules carries 7 published figures read from 2 sources' own pages, from 5,000 to 125,140 GBP, read 9 November 2026.
Where do the figures in the Ned Fee Rules come from?
Every figure is quoted from its source's own page and dated (last read 9 Nov 2026). 0 named sources were read and 3 publish a figure; the 0 that publish none are recorded as not published, never estimated.