Previous Income Tax bands and rates 2024-25 Basic rate20% Higher rate40% Additional rate45% 2023-24 Basic rate20% Higher rate40% Additional rate45% 2022-23 Basic rate20% Higher rate40% Additional rate45% 2021-22 Basic rate20% Higher rate40% ...
Income tax in England, Wales and Northern Ireland has three tiers, basic, higher-rate and additional rate. You’ll be charged a different level of interest depending on which bands your income falls into. From April 2024, the following income tax rates will apply: 20% on earnings from £...
Canada Tax Portal - Canada Business News, A guide covering Canada Taxes and economy,Canada business for enterpenures 2023
For those in higher tax bands, there are tighter limits on how much interest you can earn on savings without paying tax: *For England, Wales and Northern Ireland. Scotland has different income tax bands. Scottish basic-rate taxpayers receive the £1,000 allowance up to the higher-rate thre...