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Here's a quick breakdown of the 2025 tax bands: 0% - Up to £12,570 (Personal Allowance) 20% - £12,571 to £50,270 (Basic Rate) 40% - £50,271 to £125,140 (Higher Rate) 45% - Over £. Plan income distribution carefully around key tax thresholds (£50,270 and £100,000) to retain full allowances
New Tax Brackets 2025 Compared To 2025 Uk Alix Bernadine The current tax year is from 6 April 2024 to 5 April 2025. The following rates are for the 2024 to 2025 tax year and the previous 3. Income Tax rates and thresholds are subject to parliamentary approval
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