Combined marginal tax rates in 2024-25

The combined marginal rate of income tax and national insurance contributions is the percentage paid on the next pound earned. If you are a salaried employee earning £20,000, your combined marginal rate is 36.7%, payable on any additional income. Rates shown are for the UK, excluding Scotland

80%

60

Employed*

40

Self-employed

20

0

£0

50,000

100,000

150,000

200,000

Annual salary/self-employment profit

The combined marginal rate of income tax and national insurance contributions is the percentage paid on the next pound earned. If you are a salaried employee earning £20,000, your combined marginal rate is 36.7%, payable on any additional income. Rates shown are for the UK, excluding Scotland

80%

60

Employed*

40

Self-employed

20

0

£0

50,000

100,000

150,000

200,000

Annual salary/self-employment profit