With effect from 2020, the income tax rate structure in Box 1 has been revised. The calculation of tax has been simplified as there are now only two tax bands (with an intermediate band for those entitled to the state pension). However, calculating the actual tax burden remains very complex. This is mainly due to the tax credits, almost all of which are income-dependent.
In our e-book Tax Figures for 2020 You will find all the information you need to determine your taxable income and calculate the tax due. As far as income tax is concerned, the 2019 tax year is probably the most up-to-date. After all, the tax return for that year must be submitted in early 2020.
The booklet contains not only the rates, allowances and other figures relating to income tax, but also those for other taxes.