We get a tax free allowance of £12,570 annually, and then it’s banded from there: Income from £12571 to £14876 is taxed at 19% Income from £14877 to £26562 is taxed at 20% From £26523 to £43662 is taxed at 21% From £43663 to £75000 it’s 42% £75001 to £125140 it’s 45% And anything north of that is 48%
This is calculated on income after any deductions from pay are made, like national insurance contributions, pension scheme payment, salary sacrifice schemes, student loan repayments and so on.
I really enjoyed it, although I do wish it wasn’t so “draw the rest of the owl”.