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| Income Tax: taxable bands |
|
|
2008-09 |
|
2009-10 |
2010-11 |
|
Starting rate: 10% |
£0-£2,230 |
Starting rate: 10%* |
£0-£2,440 |
£0-£2,440 |
|
Basic rate:20% |
£2,231-£34,800 |
Basic rate: 20%** |
£2,441-£37,400 |
£2,441-£37,400 |
|
Higher rate: 40% |
Over £36,000 |
Higher rate: 40%*** |
Over £37,400 |
£37,400-£150,000 |
|
|
|
Higher rate: 50%**** |
|
Over £37,400 |
*Only applicable to dividends and savings income. The 10% rate is not available if taxable non-savings income exceeds £2,440.
** Except dividends (10%).
*** Except dividends (32.5%).
**** Except dividends (42.5%).
Other income taxed first, then savings income and finally dividends. |
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