What is the UK basic rate of income tax?

The basic rate is 20% applied to taxable income between £12,571 and £50,270. The personal allowance of £12,570 is tax-free.

How is UK income tax calculated?

Subtract the personal allowance (£12,570) from gross income, then apply 20% to the remaining amount up to £50,270.

Does the personal allowance reduce for high earners?

Yes. The personal allowance reduces by £1 for every £2 earned above £100,000, reaching zero at £125,140.

UK Income Tax Basic Rate Calculator 2024/25

Calculate UK income tax at the 20% basic rate for earnings between £12,571 and £50,270 in 2024/25. Includes personal allowance tapering for incomes above £100,000.

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Annual Rate (%)

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$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate UK income tax at the 20% basic rate for earnings between £12,571 and £50,270 in 2024/25. Includes personal allowance tapering for incomes above £100,000. Use the uk basic rate income tax result to inform your calculation.

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UK Income Tax Basic Rate Calculator 2024/25

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Frequently Asked Questions

What is the UK basic rate of income tax?

How is UK income tax calculated?

Does the personal allowance reduce for high earners?