Uk Tax Brackets 2024/25 Tax

Uk Tax Brackets 2024/25 Tax. Uk taxpayers can earn £12,570 before paying income tax in tax year 2024/25. On earnings from £12,571 to £50,270.


Uk Tax Brackets 2024/25 Tax

If you’re in doubt as to the suitable course of action we recommend you seek tax advice. The tax and ni rates and thresholds, as well as the national living and minimum wage levels, applicable to earnings taxed under paye have been confirmed.

This Publication Includes All Income Tax Rates, Allowances And Bands For The Current And Previous 3 Tax Years.

On earnings from £12,571 to £50,270.

Since April 2022, The Uk Income Tax Rates 2024/25 Threshold Has Stayed Frozen, With The Next Increase Expected In April 2028.

For the 2024/25 tax year the pension annual allowance remains unchanged at £60,000 and the charge on excess is at applicable tax rates on earnings.

Uk Tax Brackets 2024/25 Tax Images References :

On Earnings From £12,571 To £50,270.

Tax thresholds, rates and codes.

This Publication Includes All Income Tax Rates, Allowances And Bands For The Current And Previous 3 Tax Years.

The 2024/25 new tax year starts on 6th april 2024 and ends 5th april 2025.