Income Tax Brackets 2024/25. Here’s a handy round up of the uk tax brackets and allowances for the current tax year (2024/25). A guide to the tax brackets and tax rates for the 2024/25 tax year, including income tax rates, national insurance and corporation tax.
2024 federal income tax brackets and rates. Income tax in the uk is worked out as a series of marginal bands, so you only pay the relevant tax rate on the part of your income which falls within that tax band.