What Are The Tax Brackets For 2024 Mfj Uk. The following rates are for the 2024 to 2025 tax. For the 2024/25 tax year the uk has a broad range of tax brackets, allowances and earnings thresholds.
The allowance is £3,000 for the 2024/25 tax year, slashed from £6,000 in 2023/24 and £12,300 in 2022/23. Understanding the updated tax brackets and allowances is crucial for effective financial planning.