Income Tax Allowances

Income Tax Allowances 2010-11 (£) 2009-10 (£)
Personal allowance (up to 100K) 6,475 6,475
Personal allowance for people aged 65-74 9,490 9,490
Personal allowance for people aged 75 and over 9.640 9.640
Income limit for age-related allowances 22,900 22,900
Blind person's allowance 1,890 1,890

Income Tax Rates and Taxable Bands

  2010-11 2009-10
Starting rate for savings: 10%* £0-£2,440
£0-£2,440
Basic rate 20% £0-£37,400
£0-£37,400
Higher rate 40% Over £37,400
Over £37,400



 
Our Tax Rates and Allowances are for guidance only and professional advice should be obtained before acting on any information contained as no responsibility can be accepted for loss occasioned as a result of action taken or refrained from in consequence of the contents of these Tax Rates Information Centres.
 
 
 
 
 
     
     
     
     
     
 
 

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