Tax Brackets 2024/25

Tax Brackets 2024/25. A guide to the tax brackets and tax rates for the 2024/25 tax year, including income tax rates, national insurance and corporation tax. Here are the latest income tax slabs that will be effective for the current financial year after budget 2024.

(b) exceeds seven hundred thousand. While the old tax regime allows taxpayers to avail of tax exemptions under close to 70 income tax deductions available under various sections of the income tax rules, the new.