Income tax rates and allowances

Income Tax Allowances

Income Tax Allowances Table 2023-24 and 2024-25

1. The Personal Allowance reduces where the income is above £100,000 - by £1 for every £2 of income above the £100,000 limit. It can go down to zero, and this reduction applies irrespective of age or date of birth.
2. Available to spouses/civil partners born after 5 April 1938. This allowance is 10% of the personal allowance for those born after 5 April 1938. It allows a spouse or civil partner who is not liable to income tax above the basic rate, to transfer this amount of their personal allowance to their spouse/civil partner. The recipient must not be liable to tax above the basic rate. The recipient is eligible to a tax reduction of 20% of the transferred amount. More information can be found here; https://www.gov.uk/marriage-allowance.

Income tax rates are different if you live in Scotland.

Income Tax Allowances in Scotland

Income Tax Allowances for Scottish tax year 2024-25