Uk Income Tax Rates 2024/25. These are the main tax rates and allowances updated following the autumn budget on 30 october 2024. Rsm uk's ‘tax facts 2024/25’ publication summarises the following key uk tax rates, allowances and thresholds for individuals, partnerships, trusts and companies.
For 2024/25 and 2023/24 tax years, as was the case in 2022/23 and 2021/22, most people are allowed to earn £12,570 per year before paying income tax, for which there. 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.
