Tax Brackets 2024/25

Tax Brackets 2024/25. The basic rate (20%), the higher rate (40%), and the additional rate (45%). A guide to the tax brackets and tax rates for the 2024/25 tax year, including income tax rates, national insurance and corporation tax.

Review our comprehensive summary of the uk’s personal and company tax. Earnings above £50,270 up to £125,140 fall into the higher rate tax band which is.