Income Tax Brackets 2024/25. This article breaks down the ins and outs of the new tax year for individuals and businesses,. The table below shows the income tax rates and band thresholds for 2024/25 as well as for last year (2023/24) and next year (2025/26) in england, wales, and northern.
For the 2024/25 tax year, the current personal allowance is £12,570 for employees across the uk and including scotland. Full list of uk tax allowances and rates for 2024/25, covering income tax, national insurance, capital gains tax (cgt), pensions, dividends, stamp duty land tax (sdlt)
