Uk Income Tax Rates 2024/25. The standard personal allowance for the 2024/25 tax year is £12,570. 2023/2024 tax rates and allowances.
If you’re a basic rate taxpayer, you pay income tax at a rate of 20%. The basic rate of dividend tax is set at 8.75%, applicable to individuals whose dividend income falls within.
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A quick guide to 2024/25 tax rates, bands and allowances.
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Wales, england and northern ireland all adhere to the same tax band structure.
See All The Main Tax Thresholds And Allowances For Income Tax, Capital Gains Tax And More.
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This Publication Includes All Income Tax Rates, Allowances And Bands For The Current And Previous 3 Tax Years.
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What Are Uk Tax Bandings For 2024/2025?
England, northern ireland and wales.
The Basic Rate Of Tax, Applied To Earnings Above The.