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Income Tax Rates


12 March 2024
Fiscal drag revisited
The impact of the income tax band and allowance freezes on taxpayer numbers. The Office for Budget Responsibility Budget 2024 edition of its Economic and Fiscal Outlook has reworked the figures

16 February 2024
The impact of thresholds on the UK tax system
The IFS paper looking at the impact of thresholds on the UK tax system

29 December 2023
The income tax gap either side of the border in 2024/25
The Scottish Budget changes to tax rates for higher earners (and pensioners), which have widened the tax gap between Scotland and the rest of the UK

20 December 2023
Wales' Draft Budget 2024/25
The Welsh Government’s Draft Budget for 2024/25

20 December 2023
Scotland makes more income tax changes for 2024/25
The Scottish Budget, which has looked to income tax to raise more revenue in 2024/25 and created another tax band (and a new 67.5% marginal rate)

09 November 2023
HMRC has its own fiscal drag problem
Correspondence to the Treasury Committee, which has revealed HMRC faces issues with the burgeoning number of taxpayers

26 October 2023
How to speed up a tax repayment
How to avoid unnecessary delays in claiming self-assessment repayments

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