Tax Rates 2024/25
Tax certainly affects different people in different ways!
The following guide includes some common examples of who it affects and in what way, whilst the tax tables cover most mainstream UK taxes applicable to most income types.
Our Tax Rates Guide contains the key tax rates and allowances for the 2024/25 tax year, applicable to persons resident and permanently settled in the UK. It is not, nor is meant to be, an exhaustive list and there may be other factors relating to your situation that are not covered here. Please speak to us for advice that is tailored to you.
IMPORTANT NOTICE
This document contains several key UK taxation rates, allowances and reliefs as applicable to persons resident and permanently settled in the UK. It is not exhaustive and should not be relied upon to identify all taxes, reliefs or allowances that may apply.
The authors take great care in the production of this information, but the government can and does change tax rates after they have been set for a tax year. The rates and allowances shown were correct on 1 April 2024 but have not been updated since then.
Professional advice should be taken before making tax planning decisions and we cannot take responsibility for any action taken or not taken from this document alone. Please contact us for personalised advice.
If you have any questions about any of the details included in the Tax Rates Guide, or around how they may apply to your particular circumstances, please get in touch!
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