Income tax charge, rates etc
2Main rates of income tax for tax year 2024-25
For the tax year 2024-25 the main rates of income tax are as follows—
(a)
the basic rate is 20%,
(b)
the higher rate is 40%, and
(c)
the additional rate is 45%.
For the tax year 2024-25 the main rates of income tax are as follows—
the basic rate is 20%,
the higher rate is 40%, and
the additional rate is 45%.