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J Allen & Co   

Chartered Accountants, Registered Auditors, Business & Tax Advisers

"Its About Adding Value To Your Business Not Just Adding Up Numbers"

 

Tax Rates

 

Personal Taxation and Savings

Income tax rates

Rates announced for 2011/12 are as follows:

 

2011/12

2010/11

Basic rate band

£35,000

£37,400

Basic tax rate

20%

20%

Dividend ordinary rate

10%

10%

Starting savings rate band to

£2,560

£2,440

Tax rate

10%

10%

Higher rate £35,001-150,000

40%

40%

Additional rate over £150,000

50%

50%

UK dividend income tax rate

32.5%

32.5%

 

 

 

 

 

 

Phone: 0845-094-5354

Fax: 0870-803-3843

E-mail: info@jallen-accountants.co.uk

Tax Rates Pages