Uk Income Tax Brackets 2024/25. The 2024/25 new tax year starts on 6th april 2024 and ends 5th april 2025. You pay income tax at the rates applicable to the parts of.
£12,570 of your £50,000 is tax free, the remaining £37,430 falls within the basic rate tax band and is charged at 20pc. What are the current uk tax brackets?