Personal Tax Allowance 2024/25 – UK Rates, Bands and Rules
The standard Personal Allowance for the 2024/25 UK tax year stands at £12,570, meaning most individuals pay no income tax on earnings up to this threshold. This amount has remained frozen since the 2021/22 tax year and applies across England, Wales, Northern Ireland, and Scotland for the tax period running 6 April 2024 to 5 … Read more