Benefit Rates, Applicable Amounts and Disregards etc
|
Tax Rates and Allowances |
||||||
|
|
Taxable bands |
Taxable bands |
Taxable bands |
Taxable bands |
Taxable bands |
Taxable bands |
|
Starting rate 10% |
0 - 1960 |
0 - 2020 |
0 - 2090 |
0 - 2150 |
0-2230 |
abolished? |
|
Basic rate 22% |
1961 - 30,500 |
2021 - 31,400 |
2091 - 32,400 |
2150 - 33,300 |
2231-34,600 |
reduced to 20% |
|
Higher rate 40% |
Over 30,500 |
Over 31,400 |
Over 32,400 |
Over 33,300 |
Over 34,600 |
|
| Income tax allowances |
2003-04 |
2004-05 |
2005-06 |
2006-07 |
2007-08 |
2008-09 |
|
Personal allowance |
4615 |
4745 |
4895 |
5035 |
5225 |
5435 |
| Personal allowance for people aged 65-74 |
6610 |
6830 |
7090 |
7280 |
7550 |
9030 |
| Personal allowance for people aged 75 and over |
6720 |
6950 |
7220 |
7420 |
7690 |
9180 |
|
Income limit for age-related allowances |
18,300 |
18,900 |
19,500 |
20,100 |
20,100 |
21,800 |
|
Married couple’s allowance for people born before 6 April 1935 |
5565 |
5725 |
5905 |
6065 |
6365 |
6535 |
| Married couple’s allowance - aged 75 or more |
5635 |
5795 |
5975 |
6135 |
6365 |
6625 |
| Minimum amount of married couple’s allowance |
2150 |
2210 |
2280 |
2350 |
2440 |
2540 |
|
Blind person’s allowance |
1550 |
1560 |
1610 |
1660 |
1730 |
1800 |