Income Tax Rates & Allowances (UK excluding Scotland)

Personal Allowances

  2023/24 2022/23 2021/22
Single person £12,570 £12,570 £12,570
  • Since 2016/17, all individuals will be entitled to the same personal allowance, regardless of the individuals’ date of birth. 
  • From 6 April 2010, the personal allowances will reduce by £1 for every £2 of income above £100,000 until they are nil.

Income tax rates and taxable bands (UK excluding Scotland)

  2023/24 2022/23 2021/22
Basic tax rate 20% 20% 20%
Income taxed at
basic rate
£37,700 £37,700 £37,500
Income taxed at higher rate
of 40% if income more than
£37,700 plus personal allowance £37,700 plus personal  allowance £37,700 plus personal  allowance
Income taxed at additional rate
of 45% if income more than
£125,1401 £150,0001 £150,0001

1 Personal allowance is reduced by £1 for every £2 earned over £100,000

2 Assumes the individual is in receipt of the standard UK personal allowance.

Further information