Decoding UK Tax Regulations 2025
Income tax bands stay frozen until 2028. That means more people pay higher rates as wages rise. A worker earning £50,000 today stays in the basic rate band. By 2025, inflation pushes many into the 40% bracket without a real pay rise. The personal allowance remains £12,570. If you earn over £100,000, it shrinks by £1 for every £2 above that level.