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2024 New Tax Year employee guide

The New Tax Year employee guide is released by PayDashboard every March, outlining the upcoming legislative changes that will influence employees' tax and pay.

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This guide is designed to help you to understand the changes that happen to your pay and taxes as a result of the New Tax Year – which starts on 06 April 2024.

Several things change in the new tax year, all of which have an overall effect on your take-home pay.

The changes to look out for this year include:

  • An increase to the National Minimum Wage
  • Changes to tax brackets and tax rates for Scotland
  • National Insurance cut of 2p

Download this free guide to learn more about the incoming changes that will influence net pay, with direct links to the HMRC website. 

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