Income Tax Rates
| |
|
2009-10
|
2008-09
|
Rates
|
|
|
|
| |
|
%
|
%
|
| |
|
|
|
| Starting rate |
(savings only) |
10
|
10
|
| Basic rate |
|
|
|
| |
Non-savings |
20
|
20
|
| |
Savings |
20
|
20
|
| |
UK dividends |
10
|
10
|
| Higher rate |
|
|
|
| |
Excluding UK dividends |
40
|
40
|
| |
UK dividend rate |
32.5
|
32.5
|
| Trusts and estates |
|
|
| |
Excluding UK dividends |
40
|
40
|
| |
UK dividend rate |
32.5
|
32.5
|
| |
|
|
|
| |
|
£
|
£
|
| |
|
|
|
| Starting rate band - up to (savings only) |
2,440
|
2,230
|
| Basic rate band - up to |
37,400
|
34,800
|
| |
|
|
|
Reliefs
|
|
|
|
| |
|
|
|
| Personal allowances |
6,475
|
6,035
|
| |
age 65 to 74 |
9,490
|
9,030
|
| |
age 75 and over |
9,640
|
9,180
|
| Blind person's allowance |
1,890
|
1,800
|
| |
|
|
|
Reducers
|
|
|
|
| |
|
|
|
Married couples' allowance  |
|
|
| |
age under 75 |
n/a
|
6,535
|
| |
age 75 and over |
6,965
|
6,625
|
| |
- £1 for £2 |
22,900
|
21,800
|
| |
minimum allowance |
2,670
|
2,540
|
| |
|
|
|
| Investments under Enterprise Investment Scheme |
400,000
|
400,000
|
| Investments in a Venture Capital Trust |
200,000
|
200,000
|
| |
|
|
|
Rent-a-room limit
|
4,250
|
4,250
|
| |
|
|
|
ISAs investment limit (over 50)
(Max £5.1K cash; no relief for investment but tax-free yields)
|
10,200
|
7,200
|
| |
|
|
|
| |