Higher Tax Bracket 2024/25. (b) exceeds seven hundred thousand. The national insurance class 1a rate on expenses and benefits for 2024 to 2025.
As the income tax thresholds are not rising in line with inflation, the freezes will raise the government over £40bn a year by 2027/2028 as wage inflation pushes. The following rates are for the 2024 to 2025 tax year and the previous 3 years.