Tax Rates 2024/25 Uk Gov. If you're earning within different income bands, it’s important to understand the tax rates and thresholds for the 2024/25 tax year to ensure you're complying with the latest. You automatically get tax relief at source on the full £15,000 at 20%.
If you’re in doubt as to the suitable course of action we recommend you seek tax advice. A quick guide to 2024/25 tax rates, bands and allowances.