Tax Brackets 2024 Vs 2024 Uk. National insurance rates and allowances find your classification by looking up your nic letter on your payslip/return * class 1 nic main rate falls to 10 percent from january 6th. A quick guide to 2024/25 tax rates, bands and allowances.
Here we explore the 2024/25 tax tables so you can prepare for the new financial year, which starts on april 6th, and leverage key tax allowance changes. Tax is paid on the amount of taxable income remaining after the personal allowance has been deducted.