Income Brackets 2024 For Class 1. Thankfully, the thresholds have all increased by 5.4% to account for inflation. Among european oecd countries, the average statutory top personal income tax rate lies at 42.8 percent in 2024.

They must also pay class 1a on some other lump sum payments, for example redundancy payments. Also, find the average, median, and top 1% of individual incomes in the united states.