Tax Threshold 2024/25. This guide covers everything you need to know, including income tax rates, national insurance. Review our comprehensive summary of the uk’s personal and company tax regulations for 2024/25 and the previous.

April 6 2024 marked the start of the new 2024/25 tax year, when various changes came into effect that could have an impact on your finances. Earnings above this threshold fall into the higher rate tax band.