What Are The Income Tax Brackets For 2025. The basic rate (20%), the higher rate (40%), and the additional rate (45%). How much of your income falls within each tax band;
The amount of gross income you can have before your personal allowance is reduced personal allowance is reduced by £1 for every £2 over the limit * personal allowance will only be reduced to the basic personal allowance unless income is over £100,000 The tax brackets for 2025 apply to taxes due in 2026.