Income Tax Rates
| Tax Year 2009/2010 |
| Taxable Income |
Tax Rate |
| First £6,475 |
Tax Free |
| £2,440 (starting rate for savings)* |
10% |
| £0 - £37,400 |
20% |
| Over £37,400 |
40% |
| Tax Year 2008/2009 |
| Taxable Income |
Tax Rate |
| First £6,035 |
Tax Free |
| £2,230 (starting rate for savings)* |
10% |
| £0 - £34,800 |
20% |
| Over £34,800 |
40% |
*From 2008-09 there is a 10 per cent starting rate for savings income only. If your taxable non-savings taxable income is above this limit then the 10 per cent starting
rate for savings will not apply.
| Tax Year 2007/2008 |
| Taxable Income |
Tax Rate |
| First £5,225 |
Tax Free |
| Next £2,230 |
10% |
| £2,231 - £34,600 |
22% |
| Over £34,600 |
40% |
| Tax Year 2006/2007 |
| Taxable Income |
Tax Rate |
| First £5,035 |
Tax Free |
| Next £2,150 |
10% |
| £2,151 - £33,300 |
22% |
| Over £33,300 |
40% |
| Tax Year 2005/2006 |
| Taxable Income |
Tax Rate |
| First £4,895 |
Tax Free |
| Next £2,090 |
10% |
| £2,091 - £32,400 |
22% |
| Over £32,400 |
40% |
| Tax Year 2004/2005 |
| Taxable Income |
Tax Rate |
| First £4,745 |
Tax Free |
| Next £2,020 |
10% |
| £2,021 - £3,400 |
22% |
| Over £33,300 |
40% |
| Tax Year 2003/2004 |
| Taxable Income |
Tax Rate |
| First £4,615 |
Tax Free |
| Next £1,960 |
10% |
| £1,961 - £30,500 |
22% |
| Over £30,500 |
40% |
|
How Taxes Work
Tax Refunds for Travellers
Student Tax
Tax Refunds for the Unemployed
Income Tax Rebate for Mothers
Why Owing the IR Isn’t as Bad as it Sounds
The 2008 UK Budget and its Implications
Income Tax Rates
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