What Are The Income Tax Brackets For 2024/24. The 2023/24 income tax rates for britain are: Uprate the starter and basic rate bands in line with inflation (6.7%, based on consumer price index from.

These are the main tax rates and allowances updated following the spring budget on 6 march 2024. A guide to the tax brackets and tax rates for the 2024/25 tax year, including income tax rates, national insurance and corporation tax.