United Kingdom
GBPThe UK runs a three-band PAYE income tax with a generous £12,570 personal allowance, alongside Class 1 National Insurance contributions of 8% on earnings between the primary threshold and the upper limit, then 2% above. Scotland uses different bands. The personal allowance tapers above £100,000, creating a 60% effective marginal rate in that range.
- Top marginal
- 45%
- Personal allowance
- £12,570
- Employee social
- 8.0%