Tax Rates 2024/25 Uk 2024 . Uk income tax rates for the 2024/25 tax year. The most common code for 2024/25 is 1257l, which means you’re entitled to the full personal allowance of £12,570.
On incomes over £100,000, the personal allowance is reduced by £1 for every £2 earned above this threshold. Individuals can transfer 10% of their personal allowance to their spouse/civil partner (up to £1,260 for 2024/25).
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