📊 Tax — 2024/25

Tax Calculators 2024/25

HMRC-rate UK tax calculators — income tax, National Insurance, VAT, capital gains tax, dividend tax, and self-assessment. Always updated for the current tax year.

📋 2024/25 Key Rates at a Glance

Income Tax (Eng/Wal/NI)
Personal Allowance0% (£12,570)
Basic Rate20%
Higher Rate40%
Additional Rate45%
National Insurance (Employee)
Up to £12,5700%
£12,570–£50,2708%
Over £50,2702%
Capital Gains Tax
Annual exemption£3,000
Property (basic)18%
Property (higher)24%
Other (basic)10%
Other Key Figures
VAT Standard Rate20%
Dividend Allowance£500
ISA Allowance£20,000
Pension Annual Allow.£60,000

All Tax Calculators

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Income Tax Calculator 2024/25
Calculate take-home pay after income tax and National Insurance. Includes pension contributions, student loan, and monthly/weekly breakdown. 2024/25 HMRC rates.
Most Popular2024/25NI Included
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VAT Calculator
Add or remove VAT from any amount instantly. Handles standard rate (20%), reduced rate (5%), and zero rate. Ideal for businesses, tradespeople and the self-employed.
Add VATRemove VATAll Rates
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Capital Gains Tax Calculator
Calculate CGT on property or other assets. Uses 2024/25 rates — 18%/24% on residential property, 10%/20% on other assets. Includes the £3,000 annual exemption.
Property CGTOct 2024 rates
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Dividend Tax Calculator
Calculate tax on dividend income using 2024/25 rates. The dividend allowance is now just £500 — this calculator shows exactly how much you owe across the basic, higher, and additional rate bands.
£500 allowanceDirector income
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National Insurance Calculator
Employee NI contributions at the 8% main rate (post-Jan 2024 cut). Also calculates employer secondary Class 1 NI at 13.8% — useful for cost-of-employment calculations.
Class 1Employer NI
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Self-Assessment Tax Calculator
Estimate your Self Assessment liability from trading profit and other income. Includes allowable expenses, pension deductions, Class 2 and Class 4 NI for the self-employed.
Self-EmployedClass 4 NI
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Corporation Tax Calculator
Calculate corporation tax on company profits. Uses the 2023/24 onwards rates — 19% small profits rate (up to £50,000), 25% main rate, with marginal relief between the two.
Limited CompanyMarginal Relief
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Inheritance Tax Calculator
Estimate potential IHT liability on an estate. Uses the £325,000 nil-rate band, the £175,000 residence nil-rate band, and the 40% rate above the threshold.
Estate PlanningNRB

2024/25 UK Tax Year — What Changed?

The 2024/25 tax year (6 April 2024 – 5 April 2025) brought several important changes that affect millions of taxpayers. The Personal Allowance remains frozen at £12,570 — unchanged since April 2021. With wage growth outpacing this freeze, more people have been pulled into higher tax bands in a process economists call "fiscal drag."

The biggest change for employees was the National Insurance main rate cut from 10% to 8% effective January 2024, saving a typical basic-rate taxpayer around £450 per year. The NI upper earnings limit at £50,270 was also unchanged, meaning higher earners pay 2% on income above that level.

For investors and landlords, the CGT annual exempt amount fell to £3,000 (from £12,300 in 2022/23), and the dividend allowance dropped to £500 (from £2,000 in 2022/23). Both cuts significantly increased the tax bills of people with investment portfolios or who extract income from limited companies via dividends.

In October 2024, the CGT rates on residential property changed — the lower rate increased from 18% to 18% (unchanged) and the higher rate decreased from 28% to 24%, applying from 30 October 2024.

⚠️ All figures are for guidance only. UK tax law is complex and your individual circumstances — including other income, pension contributions, allowances, and reliefs — may significantly affect your tax position. Always consult a qualified accountant or tax adviser.

Related Articles

Read our complete income tax guide, our capital gains tax on property guide, and our self-assessment guide for the self-employed.