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UK - TAX Rates
Corporation Tax Rates
Rate 2024/25
Main Rate 25%
Small Profit Rate 19%
Marginal Rate 26.50%
Capital Gains Tax Rates
Asset 2024/25
Residential Property 25%
Other Assets 19%
Investment Trust 28% (Carried Interest)
* Tax Free Allowance £3,000, £1,500 Unit Trusts
VAT Rates
Rate 2024/25
Standard Rate 20%
Reduced Rate 5%
Zero Rate 0%
Income Tax Rates
Band Taxable Income Tax Rate
Personal Allowance upto £12,570 0%
Basic Rate £12,570 - £50,270 20%
Higher Rate £50,271 - £125,140 40%
Additional Rate £125,140 and above 45%
Inheritance Tax Rates
Band Taxable Income Tax Rate
Tax Free Threshold £325,000 0%
Taxed Above £325,000 40%
Personal Savings Allowance
Income Tax Band Personal Savings Allowance
Basic Rate £1,000
Higher Rate £500
Additional Rate £0
Tax on Dividends
Income Tax Band Tax Rate Over the Allowance
Basic Rate 8.75%
Higher Rate 33.75%
Additional Rate 39.35%
* Dividend Allowance TY 2024 /2025 = £500
Stamp Duty Land Tax (SDLT)
Property Value SDLT Rate
0 to £125,000 0%
£125,001 to £250,000 2%
£250,001 to £925,000 5%
£925,001 to £1,500,000 10%
£1,500,001 and above 12%