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What Is The Tax Bracket For 2024 Uk

What Is The Tax Bracket For 2024 Uk. The 2024/25 personal allowance is £12,570 and represents the annual threshold for income that you can earn or receive before being liable to pay income tax. Basic tax rate at 20%:


What Is The Tax Bracket For 2024 Uk

Income tax rates vary for people living in scotland and are as follows: The basic rate of 20% then kicks in until £26,561.

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