Taxes

Taxes Details

Tax Rate (Band) Tax Rate Taxable Income 22/23 Taxable Income23/24 Action
Tax-free Personal Allowance 0% Up to $12500 Up to $14000
Starter Rate 15% $12500 to $14500 $14500 to $16500
Basic Rate 20% $13500 to $15500 $16500 to $18500
Intermediate Rate 24% $16500 to $18500 $18500 to $20000
Higher Rate 32% $18500 to $20000 $20000 to $21000
Additional Rate 45% Over $20000 Over $21000
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