|
Income Tax
|
|
|
2010/2011
|
2009/2010
|
2008/2009
|
|
|
|
|
|
|
Personal allowance
(**)
|
????
|
6,475
|
6,035
|
|
Personal allowance **(over 65)
|
????
|
9,490
|
9,030
|
|
Personal allowance **(over 75)
|
????
|
9.640
|
9.180
|
|
Basic tax rate
|
20%
|
20%
|
20%
|
|
Middle tax rate
|
40%
|
40%
|
40%
|
|
Higher tax rate
|
50%
|
-
|
-
|
|
Income Limit for age related allowances
|
????
|
22,900
|
21,800
|
|
40% rate tax band (over)
|
????
|
37,401
|
34,601
|
|
50% rate tax band (over)
|
150,000
|
N/A
|
N/A
|
|
Dividend Rate
|
10%/32.5%/42.5%
|
10%/32.5%
|
10%/32.5%
|
|
|
|
|
|
|
|
|
** from 2010-11 the basic personal allowance for income tax will be gradually reduced to nil for individuals with “adjusted net incomes” above £100,000;
|
