Tax Rates 2024-25 Uk. For the 2024/25 tax year the uk has a broad range of tax brackets, allowances and earnings thresholds. Tax is paid on the amount of taxable income remaining after the personal allowance has been deducted.
Tax is paid on the amount of taxable income remaining after the personal allowance has been deducted. The amount of income tax you deduct from your employees depends on their tax code and how much of their taxable income is above their.