Raina Nikolia

Corporation Tax Rates 2024/25. While individuals earning a minimal income experience lower taxes (0%, 5% or 10%, based on the income), individuals earning a substantially higher income are generally liable to tax at. This represents a significant increase compared to the previous financial year, with a collection of ₹5.11 crore.

A financial year runs from 1 april to the following 31 march. Personal allowances, income tax rates, national insurances rates, capital gains tax rates, high income child benefit tax charge, vat registration and.