|
Tax Rates and Allowances |
|||||
|
|
Taxable bands |
Taxable bands |
Taxable bands |
Taxable bands |
Taxable bands |
|
Starting rate 10% |
0 - 2090 |
0 - 2150 |
0-2230 |
abolished |
|
| Starting rate for savings income 10% |
0-2320 |
0-2440 | |||
| Basic rate 20% |
|
|
|
0-34,800 |
0-37,400 |
|
Basic rate 22% |
2091 - 32,400 |
2150 - 33,300 |
2231-34,600 |
abolished |
|
|
Higher rate 40% |
Over 32,400 |
Over 33,300 |
Over 34,600 |
Over 34,800 |
Over 37,400 |
| Income tax allowances |
2005-06 |
2006-07 |
2007-08 |
2008-09 |
2009-2010 |
|
Personal allowance |
4895 |
5035 |
5225 |
6035 |
6475 |
| Personal allowance for people aged 65-74 |
7090 |
7280 |
7550 |
9030 |
9490 |
| Personal allowance for people aged 75 and over |
7220 |
7420 |
7690 |
9180 |
9640 |
|
Income limit for age-related allowances |
19,500 |
20,100 |
20,100 |
21,800 |
22,900 |
|
Married couple’s allowance for people born before 6 April 1935 |
5905 |
6065 |
6365 |
6535 |
n/a |
| Married couple’s allowance - aged 75 or more |
5975 |
6135 |
6365 |
6625 |
6965 |
| Minimum amount of married couple’s allowance |
2280 |
2350 |
2440 |
2540 |
2670 |
|
Blind person’s allowance |
1610 |
1660 |
1730 |
1800 |
1890 |