Tax Rates 2024-25 Uk. A guide to the tax brackets and tax rates for the 2024/25 tax year, including income tax rates, national insurance and corporation tax. Tax is paid on the amount of taxable income remaining after the personal allowance has been deducted.
Since april 2022, the uk income tax rates 2024 /25 threshold has stayed frozen, with the next increase expected in april 2028. 1 the individual’s personal allowance is reduced where their income is above this limit.