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

 

 

 Personal allowances

Rates announced for 2011/12 are as follows (*ages are as at the end of the tax year):

		2011/12	2010/11
Allowances that reduce taxable income		£	£
Personal allowance Under 65		7,475	6,475
65 to 74*		9,940	9,490
75 and over*		10,090	9,640
Allowances that reduce tax
Married couple’s allowance
75 and over*		729.50	696.50
minimum		280.00	267.00
The age-related allowances are progressively withdrawn if income exceeds		24,000	22,900

 

 

 

Phone: 0845-094-5354

Fax: 0870-803-3843

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

Tax Rates Pages