← Corporation Tax Tax Credits →
Income Tax Rates
November 17, 2011
|
2011/12 |
|
2010/11 |
||
|
Band £ |
Rate % |
|
Band £ |
Rate % |
|
0 – 2,560 |
10* |
|
0 – 2,440 |
10* |
|
0 – 35,000 |
20** |
|
0 – 37,400 |
20** |
|
35,001 – 150,000 |
40*** |
|
37,401 – 150,000 |
40*** |
|
Over 150,000 |
50**** |
|
Over 150,000 |
50**** |
*Only applicable to dividends and savings income. The 10% rate is not available if taxable non-savings income exceeds £2,560 (£2,440).
** Except dividends (10%).
*** Except dividends (32.5%).
**** Except dividends (42.5%).
Other income taxed first, then savings income and finally dividends.
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