Tax Year 2009/2010 |
Taxable Income |
Tax Rate |
First £6,475 |
Tax Free |
£2,440 (starting rate for savings)* |
10% |
£0 – £37,400 |
20% |
Over £37,400 |
40% |
Tax Year 2008/2009 |
Taxable Income |
Tax Rate |
First £6,035 |
Tax Free |
£2,230 (starting rate for savings)* |
10% |
£0 – £34,800 |
20% |
Over £34,800 |
40% |
*From 2008-09 there is a 10 per cent starting rate for savings income only. If your taxable non-savings taxable income is above this limit then the 10 per cent starting rate for savings will not apply.
Tax Year 2007/2008 |
Taxable Income |
Tax Rate |
First £5,225 |
Tax Free |
Next £2,230 |
10% |
£2,231 – £34,600 |
22% |
Over £34,600 |
40% |
Tax Year 2006/2007 |
Taxable Income |
Tax Rate |
First £5,035 |
Tax Free |
Next £2,150 |
10% |
£2,151 – £33,300 |
22% |
Over £33,300 |
40% |
Tax Year 2005/2006 |
Taxable Income |
Tax Rate |
First £4,895 |
Tax Free |
Next £2,090 |
10% |
£2,091 – £32,400 |
22% |
Over £32,400 |
40% |
Tax Year 2004/2005 |
Taxable Income |
Tax Rate |
First £4,745 |
Tax Free |
Next £2,020 |
10% |
£2,021 – £3,400 |
22% |
Over £33,300 |
40% |
Tax Year 2003/2004 |
Taxable Income |
Tax Rate |
First £4,615 |
Tax Free |
Next £1,960 |
10% |
£1,961 – £30,500 |
22% |
Over £30,500 |
40% |