Tax Tables
Income Tax
| Rates | 08-09 | 07-08 | |
| Starting rate of 10% on first | £2,320 | £2,230 | |
| Income to which starting rate applies |
Savings | All | |
| Basic rate on earned, pensions and property income |
20% | 22% | |
| Basic rate on savings income |
20% | 20% | |
| Higher rate of 40% on income over | £36,000 | £34,600 | |
| Dividends for: | basic rate taxpayers higher rate taxpayers |
10% 32.5% |
10% 32.5% |
| Trusts: | standard rate band generally dividends (rate applicable to trusts) other income (rate applicable to trusts) |
£1,000 32.5% 40% |
£1,000 32.5% 40% |
| Pre-owned assets tax (£5,000 minimum taxable) |
As income |
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© Copyright March 2008, subject to Finance Act 2008. For information only.
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