The Personal Allowance is the income payments on which you are free from the taxes. The Personal allowance is a non taxable amount up to the limit of £12570. The allowance may be more if you claim a marriage allowance or a blind person’s allowance. The income tax you have paid in each year will depend on the income you have. The personal allowance is stated as the total income the citizens can get before the tax payments. The rate of the allowance has been the same for various years and the allowance will be reduced by £1 for every £2 in case the income is above £100000. The post given below will guide you with the details on the gov.uk Personal Tax Allowance April 2024.
Personal Tax Allowance April 2024
The Government of the United Kingdom and the Income Tax Department has kept a certain limit up to which the individuals are not required to make any of the tax payment. Beyond the limit the tax rates will be applicable to the citizens and up to that limit no taxes will be levied. The income tax which the individuals pay each year depends on the amount of the income which is above the personal allowance and how much income falls within the tax band. The tax free Personal Tax Allowance April 2024 has been stated to be £12570 which will be applicable from 6 April 2024 to 5 April 2025. The personal tax rate will remain unchanged till April 2028.
If you have an allowance less than £12570, you will not be allowed to pay the taxes on this income. The income which is above the threshold limit will be applicable for the income tax rates based on the level of the income under the case of pay as you earn or from self employment. The accuracy of gov.uk Personal Tax Allowance 2024 is necessary because it is used to generate the tax code. Once your income exceeds the given limit, the rate will be 20% on any income above £12570 and up to £50270. The rates may vary as per various states of the UK and we have mentioned all the rates in the tables mentioned below.
gov.uk Personal Tax Allowance 2024
The tax code is the tax free personal allowance you are given and it plays an important role as it informs the income source. The standard personal allowance rate is £12570 and the individuals shall know that the tax code is correct.
| Post Title | Personal Tax Allowance April 2024 |
| Organization Name | Government of United Kingdom |
| Country | United Kingdom |
| Tax Allowance Name | Personal Allowance Tax |
| Rate Applicable | £12570 |
| Dates Applicable | 2024, 6 April to 2025, 5 April |
| Tax rates | Mentioned Below |
| Post Type | Finance |
| Website | gov.uk |
UK Tax Year 2024-25 Tax Code
- The tax code corresponds to the tax free personal allowance which you are given and also plays a very important role as it informs the income source of the personal allowance.
- The standard code applicable is 1257L because the personal allowance rate which is applicable is £12570.
- It is very important to ensure that the tax code is correct because of various inaccuracies which can result in the Tax Credit Overpayment of the income tax.
- In case you believe your tax code is incorrect, you shall contact the HMRC for the same.
- You can do the checking through the online mode using the tax code checker.
2024/25 Income Tax Bands
The given table will provide you with the details on the income tax rates which are applicable.
| Band | Taxable Income | Tax Rate |
| Personal Allowance | Up To £12570 | 0% |
| Basic Rate | £12571 to £50270 | 20% |
| High Rate | £50271 to £125140 | 40% |
| Additional Rate | Above £125140 | 45% |
Income Tax Bands of Scotland
| Band | Taxable Income | Tax Rate of Scotland |
| Personal Allowance | Up To £12570 | 0% |
| Starter Rate | £12571 to £14732 | 19% |
| Basic Rate | £14733 to £25688 | 20% |
| Intermediate Rate | £25689 to £43662 | 21% |
| High Rate | £43663 to £125140 | 42% |
| Top Rate | Above £125140 | 47% |
Who Is Eligible For Personal Tax Allowance 2024?
The below mentioned are the points on the Personal Tax Allowance Eligibility 2024.
- The applicant must be residing in UK.
- The beneficiary is European Economic Area Countries citizen
- You have been employed in the UK Government for any time during the current years.
What Is The Process To Claim Personal Tax Allowance 2024
- Before beginning you need to first check the residency status
- You shall know if you need to prove your nationality.
- You shall work out the tax year which you are claiming for.
- To get the claim, you must download the Form R43.
- You can use the guidelines in order to fill the form.
- You must fill in the form
- Later post the form to the assigned department.
Links To Check Personal Tax Allowance 2024
| Personal Tax Allowance April 2024 | Personal Allowances UK |
FAQs On Personal Tax Allowance April 2024
The gov.uk Personal Tax Allowance April 2024 is the amount up to which no taxes are to be paid.
The Personal Tax Allowance 2024 is £12570.
The individual who lives in the United Kingdom is eligible for the Personal Tax Allowance 2024.
The Personal Tax Allowance 2024 can be claimed using the Form R43.