| Band | Taxable Income | Tax Rate |
|---|---|---|
| Personal Allowance | £0 – £12,570 | 0% |
| Basic Rate | £12,571 – £50,270 | 20% |
| Higher Rate | £50,271 – £125,140 | 40% |
| Additional Rate | £125,141+ | 45% |
Allowance Reduction: Above £100,000 income, your personal allowance reduces £1 for every £2 earned. Fully lost at £125,140 (creates 60% effective tax band).
