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Income Tax Rates | Barrette Accountants
2017-18 2016-17
Basic rate: 20%†† £33,500 ££32,000
Higher rate: 40%* £33,501 to £150,000 £32,001 to £150,000
Higher rate: 45%** Over £150,001 Over £150,001

Note: All income shown are after allowance

Dividend:

Basic rate (and non-taxpayers) 10%
Higher rate 32.5%
Additional rate (from 6 April 2013) 37.5%
Additional rate (dividends paid before 6 April 2013) 42.5%

 

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