The highest tax bracket in the UK ( England, Wales and Northern Ireland ) is 45%. If you earn more than
150,000 then you will need to pay 45% income tax. If you live in Scotland, You will have to pay 46% of income tax rate if your earnings are above
150,000.
Below are the Income tax bands and rates for England, Wales and Northern Ireland.
Personal Allowance |
Up to 12,500 |
0 % |
Basic Rate |
12,501 - 50,000 |
20 % |
Higher Rate |
50,001- 150,000 |
40 % |
Additinal Rate |
above 150,000 |
45 % |
How much should you earn before you pay tax?. Personal Allowance up to
12,500 is 0%. If you fall in the same tax bracket, You need not pay any tax. The more you earn the more income tax you will have to pay. Next, you will have to pay national insurance on your salary.
Calculate your income tax here ( Weekly, Monthly and Yearly ).
For Scotland, The income tax rates are different. These are the income tax brackets in Scotland.
Personal Allowance |
Up to 12,500 |
0 % |
Starter Rate |
Above 12,500 - 14,549 |
19 % |
Basic Rate |
Above 14,549 - 24,944 |
20 % |
Intermediate Rate |
Above 24,944 - 43,430 |
21 % |
Higher Rate |
Above 43,430 - 150,000 |
41 % |
Top Rate |
Above 150,000 |
46 % |
Income tax thresholds are listed above. Up to
12,500, you will have to pay 0% income tax. Income tax ladder increases as you earn more. You can calculate your
take home pay using this calculator ( Weekly, Monthly and Yearly )