UK Tax Brackets and Income Tax Bands
How the UK tax brackets work and how you pay income tax on your taxable income across different tax bands (including if you’re self-employed).
Income Tax
Confused about income tax and the complexities of the UK tax system? Here you’ll find essential reading to help you learn more about income tax from the ground up including the UK tax rates, the systems in place to collect it and how it works on additional types of income.
Friendly Disclaimer: Whilst I am an accountant, I’m not your accountant. The information in these guides are legally correct but are for guidance and information purposes only. Everyone’s situation is different and unique so you’ll need to use your own best judgement when applying the advice that I give to your situation. If you are unsure or have a question be sure to contact a qualified professional. I cannot accept responsibility for any losses or penalties you may incur while following the contents.
Income Tax Basics
- What Counts as Taxable Income in the UK?
- UK Tax Brackets and Income Tax Bands
- What is PAYE Tax and How Does It Work?
- UK Tax Year Explained
- Income Tax Allowances & Reliefs
Gift Aid
Savings & Interest
Additional Income
- How Tax Works on Cash in Hand Work
- How Much Can a Child Earn Before Paying Tax in the UK
- How Much Tax Do You Pay on Rental Income
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Starting Rate for Savings
Find out about the starting rate for savings, how it works and what happens once you exceed the savings starting rate.
What is PAYE Tax and How Does It Work?
Find out more about PAYE, why it is put in place and how it impacts what happens to your pay before it ends up in your bank account.
ISAs Explained
ISAs are a tax-free way of saving money in the UK, designed to encourage individuals to save money. Find out how much you can invest, the types of ISAs available & what happens if you withdraw your money.
UK Tax Year Explained
Find out what the tax year is in the UK, why those dates are used and where to find out more about important tax dates.
Gift Aid Small Donations Scheme (GASDS) Explained
The Gift Aid Small Donations Scheme (GASDS) is a scheme setup by HMRC to give registered charities extra tax relief if they accept small donations such as cash given in bucket collections.
What is Gift Aid and How Does it Work?
Gift aid is a UK tax incentive scheme that allows charities to claim back an extra 25% on eligible donations made to them. In some cases, the taxpayer making the donation can also claim a tax rebate on their tax return.
What Counts as Taxable Income in the UK?
Not all types of income are taxable. Find out what is classed as taxable income in the UK and what doesn’t count in this guide.
How Much Can a Child Earn Before Paying Tax in the UK
Wondering how much a child can earn in the UK before paying tax? Then read on because in this guide you’ll find out what age children start paying tax, the type of tax they pay and what they need to declare to HMRC.
How Much Tax Do You Pay on Rental Income
You pay tax on rental income whether you are an accidental or intentional landlord. Here is an example of how to work out how much tax you need to pay.