rate,rates,foreign exchange,savings,borrowing,tax,tourist rates foreign exhange rates, tourist exchange rates savings rates, isa rates,deposit rates,cheque account rates borrowing rates, mortgage rates, loan rates tax rates, tax allowances
Personal finance home | glossary | guides | links | contact
money rates,interest rates,exhange rates,currency rates rates,rate,interest rates,best rates,comparisons of rates
Rate home page

Income tax rates

Value added tax rates

Company car tax rates

Car tax rates

National insurance rates

Taxes on houses

Capital gains tax rates

SEARCH THE WEB

 


TAX RATES - INCOME TAX

Tax Bands 1998-9 1999-2000 2000-2001 2001-2002
Lower Rate Tax Band to 4,300 to 1,500 1,520 1,880
Tax in Band 860.00 150.00 152.00 188.00
Rate 20% 10% 10% 10%
Basic Rate Tax Band 4,301 - 27,100 1,501 - 28,000+ 1,521 - 28,400 1,881 - 29,400
Tax in Band 5,290.00 6,095.00 5,913.00 6054.18
Rate 23% 23% 22% 22%
Higher Rate Tax Band 27,100+ 28,001+ 28,400+ 29,400+
Tax in Band unlimited unlimited unlimited unlimited
Rate 40% 40% 40% 40%
Allowances & Reliefs 1998-9 1999-2000 2000-2001 2001-2002
Personal allowance 4,195.00 4,335.00 4,385.00 4,535.00
Personal allowance 65-74 5,410.00 5,720.00 5,790.00 5,990.00
Personal allowance 75+ 5,600.00 5,980.00 6,050.00 6,260.00
Married couple's allowance* 1,900.00 1,970.00 2,000.00 2,070.00
...if older partner aged 65-74* 3,305.00 5,125.00 5,185.00 5,365.00
...if older partner aged 75+* 3,345.00 5,195.00 5,255.00 5,435.00
Additional Person's allowance* 1,900.00 1,970.00 withdrawn withdrawn
Blind person's allowance 1,330.00 1,380.00 1,400.00 1,450.00
Widow's bereavement allowance* 1,900.00 1,970.00 2,000.00 2,000.00
Age allowance withdrawn (to personal allowance levels)by l for every 2 of income over 16,200.00 16,800.00

* = Relief limited to 15% in 1998/99 and 10% in 1999/2000

For tax years 1995-99 click here

Back to the main tax rates menu


Exchange Rates | Saving | Borrowing | Tax | Email this page to a friend

© 1999-2013