Tax Brackets 2024/25 Uk. Our guide to business tax explains the tax brackets and rates for the 2024/25 tax year which starts 6th april 2024 and ends 5th april 2025. They are capped at 21% for the tax years 2026 to 2027 and 2027 to 2028.
New tax bands and allowances are usually announced in the chancellor of the exchequer’s budget or autumn statement. If you’re in doubt as to the suitable course of action we recommend you seek tax advice.