Income Tax Brackets Uk 2024. Scottish income tax bands are different. The 2024/25 income tax rates for britain are:
Tax allowances and exemptions are the amount you’re allowed to earn from income, savings, dividends and capital gains each tax year (6 april one year to 5 april the next). The basic rate of income tax remains at 20%, and this applies to earnings between £12,571 and £50,270.