Tax Income Threshold 2024. How much income tax you pay in each tax year depends on: Use the simple tax calculator to work out just the tax you owe on your taxable income for the full income year.

2023 to 2024 tax year if you need further help the responsibility for scottish income tax is split between the scottish government and the uk government. Income tax rates and tax slabs under the finance act 2023 have been reduced to five from six to make the new tax regime more.