Income Tax Rates 2024/2024 Uk . 20% tax on earnings between £12,571 and £50,270; This guide contains the income tax and national insurance rates and personal allowance for the tax year 6 april 2024 to 5 april 2025.
The amount of income tax you deduct from your employees depends on their tax code and how much of their taxable income. Higher rate tax of 40% (33.75% for dividends) is charged on income above.
Income Tax Rates 2024/2024 Uk Images References :
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