Tax Brackets 2024 Married Jointly Uk. The income tax rates for england, wales, and northern ireland in the tax year 2024/25 are: You pay tax as a percentage of your income in layers called tax brackets.

You need to be worth £325,000 if you are single, or £650,000 jointly if you are married or in a civil partnership, for your loved ones to have to stump up death duties. Available to a qualifying individual born before 6th april 1935 aged 75 or over 10% of the amount below is allowed to be deducted from the tax bill of a qualifying.