Income Tax Brackets 2024-25 Champions. Lowering the average tax rate on income. 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.
Here’s a handy round up of the uk tax brackets and allowances for the current tax year (2024/25). The table above shows 2024/25 income tax rates for taxpayers in england, wales and northern ireland who have a standard personal allowance of £12,570.