Social Security Tax Limit 2024 Withholding Uk. For 2024, the social security tax limit is $168,600 (up from $160,200 in 2023). In 2024, the social security tax limit rises to $168,600.

The 2024 limit is $168,600, up from $160,200 in 2023. This is gbp 3,000 for the 2024/25 tax year, after which gains falling into the basic rate band up to gbp 37,700 are taxable at a rate of 10%.