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  3. Have there been any changes to tax rates and bands for the 2023/24 tax year?
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  3. Have there been any changes to tax rates and bands for the 2023/24 tax year?

Have there been any changes to tax rates and bands for the 2023/24 tax year?

The tax data card detailed below lists changes to tax rates and bands in 2023/24 – and compares them to the previous year.


Key changes are:

  • Decrease in the additional rate income tax band from £150,000 to £125,140.
  • Decrease in the dividend allowance from £2,000 to £1,000.
  • Decrease in the capital gains annual exemption rate from £12,300 to £6,000.

You can find out more about the detailed changes in the attached document

Updated on 26th April 2023

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