Uk Higher Rate Tax Threshold 2024/24. Lowering of the additional rate threshold. What are the uk income tax rates for 2023/24?
‘this is primarily driven by £33.6billion of revenue from freezing the income tax personal allowance and higher rate threshold since march 2021, relative to raising. This tax information and impact note is about the reduction to the additional rate threshold.
The Income Tax Additional Rate Threshold.
Employees' main rate (primary threshold to upper earnings limit) 6 april 2023 to 5 january 2024.
Lowering The Average Tax Rate On Income.
What are the uk income tax rates for 2023/24?
For The 2024 Tax Year, The Personal Allowance Is Set At £13,000.
Images References :
The Basic Rate (20%), The.
Income tax bands of taxable income.
6 January 2024 To 5 April 2024.
This means that you can earn up to £13,000 before you start paying income tax.