Self Assessment. Flat £125. No Surprises.

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Rates 2023/2024 2024/2025 2025/2026 2026/2027
Individuals' income [1]
Basic rate of 20% on income up to ... £37,700 £37,700 £37,700 £37,700
Higher rate of 40% on income £37,701 - £125,140 £37,701 - £125,140 £37,701 - £125,140 £37,701 - £125,140

Notes:

1. Different rates and thresholds apply to the non-savings and non-dividend income of Scottish and Welsh taxpayers. Thresholds assume that the standard income tax personal allowance is available and that the personal allowance is withdrawn at a rate or £1 for every £2 that adjusted net income is above £100,000.
2.

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