TaxGuided
All glossary terms

Glossary term

Additional Rate (UK)

The top UK income tax rate (45 percent) applying to taxable income above 125,140 GBP.

Related terms

1

Jurisdictions

gb

Definition

The additional rate of 45 percent (39.35 percent on dividends) applies to non-savings, savings, and dividend income above 125,140 GBP. The threshold was reduced from 150,000 GBP to 125,140 GBP from April 2023.

Examples

  • A UK taxpayer with taxable income of 200,000 GBP pays 45 percent on income above 125,140 GBP.

Related terms

Higher Rate Band (UK)

Translations

EStasa adicional
ZH附加税率
DEZusatzsteuersatz
FRtaux additionnel
JA追加税率

Citations

Income Tax Act 2007 · 10

Related citations

Computed from the cross-reference graph. Links open the related entity on this site.

This entry cites

Cited by

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.