| Your Income |
Band Name |
Tax Rate |
| Up to £11,850 |
Personal Allowance* |
0% |
| £11,851 to £46,350 |
Basic rate |
20% |
| £46,351 to £150,000 |
Higher rate |
40% |
| Over £150,000 |
Additional rate |
45% |
*If you earn over £123,000 a year you don’t get a Personal Allowance and all your income is taxed.
