2tax Rates 2024/25 Uk
2024/25 tax rates for small businesses in the uk. Samantha partington 14 april 2024 • 2:00pm.
Click to select a tax section. 2024/25 tax rates for small businesses in the uk.
The Basic Rate (20%), The Higher.
This means if you earn or receive less than £12,570 between 6 april 2024 and 5 april 2025, you won’t have to pay any tax.
Income Tax Bands Of Taxable Income.
2024/25 tax rates for small businesses in the uk.
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The Basic Rate (20%), The Higher.
In the new tax year (2024/25), the main uk corporation tax rate remains at 25%.
The Standard Personal Allowance Is £12,570, Which Is The Amount Of Income You Do Not Have To Pay Tax On.
This means if you earn or receive less than £12,570 between 6 april 2024 and 5 april 2025, you won’t have to pay any tax.