What Are The Income Tax Brackets For 2024/24. The income tax rates for england, wales, and northern ireland in the tax year 2024/25 are: The table below shows the income tax rates and band thresholds for 2024/25 as well as for last year (2023/24) and next year (2025/26) in england, wales, and northern.
Lowering the average tax rate on income. Up to ยฃ12,570 basic tax rate at 20%: