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UNITED KINGDOM REFERENCE

UK Income Tax & National Insurance Rates

UK Income Tax bands and National Insurance rates and thresholds for the 2024/25 tax year, including the Personal Allowance taper above £100,000.

Data as of Tax Year 2024/25Reviewed annually · Updated 2026-07-19

Rates, thresholds, and slabs shown here reflect the data as of Tax Year 2024/25 and can change with government budgets or policy updates. Always confirm current figures with an official source before making a financial decision.

Income Tax and National Insurance are calculated separately in the UK, both collected automatically through PAYE, and both use different rate structures worth knowing at a glance. Figures below are for the 2024/25 tax year. Calculate your exact take-home pay with the UK Take-Home Pay Calculator.

Income Tax Bands

Band Taxable Income Rate
Personal Allowance Up to £12,570 0%
Basic Rate £12,571 – £50,270 20%
Higher Rate £50,271 – £125,140 40%
Additional Rate Above £125,140 45%

Personal Allowance Taper

Income Personal Allowance
Up to £100,000 Full £12,570
£100,000 – £125,140 Reduces by £1 per £2 earned
£125,140+ £0

National Insurance (Class 1, Employee)

Band Earnings Rate
Below Primary Threshold Up to £12,570 0%
Main Rate £12,571 – £50,270 8%
Upper Rate Above £50,270 2%

Key Things to Know

  • The £100,000–£125,140 band carries the highest effective marginal rate in the system — roughly 60% once the Personal Allowance taper compounds with the 40% higher rate, higher than the headline 45% additional rate above £125,140.
  • National Insurance's rate falls, not rises, above £50,270 — 8% up to that point, then just 2% above it, the opposite of how Income Tax bands behave.
  • Stamp Duty and ISA allowances are entirely separate systems from Income Tax and National Insurance — check the relevant reference or calculator for those independently rather than assuming these bands apply.
  • These figures update at each government Budget. Confirm current thresholds before relying on them for a specific financial decision, particularly if you're close to a band boundary.

Frequently Asked Questions

It's £12,570 — the amount you can earn before Income Tax applies at all. It tapers away above £100,000 and disappears completely at £125,140, creating a steep effective marginal rate in that band.
Unlike Income Tax, which gets progressively steeper at higher bands, National Insurance's rate falls once you cross the Upper Earnings Limit of £50,270. This surprises people who assume both taxes work the same way.
They're close but not identical — both use £12,570 as the starting threshold and £50,270 as a key upper boundary, but they're calculated as entirely separate deductions with their own rules, both collected together through PAYE.
It reduces by £1 for every £2 you earn above £100,000, reaching zero at £125,140. This creates an effective marginal tax rate of around 60% on income in that band, well above the headline 40% higher rate.
Use the [UK Take-Home Pay Calculator](/take-home-pay-calculator-uk/), which applies these bands automatically alongside pension and student loan deductions, or read the full walkthrough in [How to Calculate Your UK Take-Home Pay](/articles/how-to-calculate-uk-take-home-pay/).

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How to Calculate Your UK Take-Home Pay