Tax Income Threshold 2024. A quick guide to 2024/25 tax rates, bands and allowances. Citizens and permanent residents who work in the united states need to file a tax return if they make more than a certain amount for the year.

The amount of income tax you deduct from your employees depends on their tax code and how much of their taxable income is above their personal allowance. The following rates are for the 2024 to 2025 tax year and the.