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Click the links below to jump to a particular section:
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2012-13 |
2011-12 |
2010-11 |
2009-10 |
2008-09 |
2007-08 |
2006-07 |
2005-06 |
2004-05 |
2003-04 |
2002-03 |
2001-02 |
2000-01 |
1999-00 |
| Personal Allowance | 8,105 |
7,475 |
6,475 |
6,475 |
6,035 |
5,225 |
5,035 |
4,895 |
4,745 |
4,615 |
4,615 |
4,535 |
4,385 |
4,335 |
| Age Allowance (65-74) | 10,500 |
9,940 |
9,949 |
9,490 |
9,030 |
7,550 |
7,280 |
7,090 |
6,830 |
6,610 |
6,100 |
5,990 |
5,720 |
5,720 |
| Age Allowance (75+) | 10,660 |
10,090 |
9,640 |
9,640 |
9,180 |
7,690 |
7,420 |
7,220 |
6,950 |
6,720 |
6,370 |
6,260 |
6,050 |
5,980 |
| Income Limit | 25,400 |
24,000 |
22,900 |
22,900 |
21,800 |
20,900 |
20,100 |
19,500 |
18,900 |
18,300 |
17,600 |
17,600 |
17,000 |
16,800 |
| Blind Persons Relief | 2,100 |
1,980 |
1,890 |
1,890 |
1,800 |
1,730 |
1,660 |
1,610 |
1,560 |
1,510 |
1,480 |
1,450 |
1,400 |
1,380 |
| Married Couples | 2,960 |
2,800 |
2,670 |
2,670 |
2,540 |
2,440 |
2,350 |
2,280 |
2,210 |
2,150 |
2,110 |
2,070 |
2,000 |
1,970 |
| Age Allowance (65-74) | N/A |
N/A |
N/A |
N/A |
6,535 |
6,285 |
6,065 |
5,905 |
5,725 |
5,565 |
5,465 |
5,365 |
5,185 |
5,125 |
| Age Allowance (75+) | 7,705 |
7,295 |
6,965 |
6,965 |
6,625 |
6,365 |
6,135 |
5,975 |
5,795 |
5,635 |
5,535 |
5,435 |
5,255 |
5,195 |
For 2010-11 the basic Personal Allowance reduces where the income is above £100,000, by £1 for every £2 of income above this £100,000 limit. This reduction applies irrespective of age.'
'Married couple's allowance is given as a rate restricted relief of 10% since 1999-2000. From 2000-01 onwards married couple's allowance is given only where at least on spouse is born prior to 5th April 1965. Widow's bereavement allowance and additional personal allowance were also given at the 10% rate.
|
Starting Rate |
Lower Rate |
Basic Rate |
Higher Rate |
Additional Rate |
| 2012-13 | 10% on first 2,710* |
|
20% on 0-34,370 |
40% from 34,371 |
50% from 150,000 |
| 2011-12 | 10% on first 2,560* |
|
20% on 0-35,000 |
40% from 35,001 |
50% from 150,000 |
| 2010-11 | 10% on first 2,440* |
|
20% on 0-37,400 |
40% from 37,401 |
50% from 150,000 |
| 2009-10 | 10% on 2,440 of savings |
|
20% on 37,400 |
40% from 37,401 |
N/A |
| 2008-09 | 10% on 2,320 of savings* |
|
**20% on 34,800 |
40% from 34,800 |
|
| 2007-08 | 10% on first 2,230 |
|
22% on next 32,370 |
40% from 34,600 |
|
| 2006-07 | 10% on first 2,150 |
|
22% on next 31,150 |
40% from 33.300 |
|
| 2005-06 | 10% on first 2,090 |
|
22% on next 30,310 |
40% from 32,400 |
|
| 2004-05 | 10% on first 2,020 |
|
22% on next 29,380 |
40% from 31,400 |
|
| 2003-04 | 10% on first 1.960 |
|
22% on next 28,540 |
40% from 30,500 |
|
| 2002-03 | 10% on first 1.920 |
|
22% on next 27,980 |
40% from 29.900 |
|
| 2001-02 | 10% on first 1,800 |
|
22% on next 27,500 |
40% from 29,400 |
|
| 2001-01 | 10% on first 1,520 |
|
22% on next 26,800 |
40% from 28,400 |
|
| 1999-2000 | 10% on first 1.500 |
|
23% on next 26.500 |
40% from 28,000 |
|
| 1998-99 |
|
20% on first 4.300 |
23% on next 22,800 |
40% from 27,100 |
|
| 1997-98 |
|
20% on first 4,100 |
23% on next 22,000 |
40% from 26,100 |
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* A new starting rate for savings band for individuals was introduced in 2008-09. For 2008-09 the band is £2,320. Where an individual's non-savings income is less than the rate for savings does not apply.
**The basic rate is reduced from 22% to 20% from 2008-09 onwards.
|
Annual Exemption |
Lower Rate/Starting Rate |
Basic Rate |
Higher Rate |
Entrepreneur's Rate |
| 2012-13 | 10,600 |
|
18% |
28% |
10%** |
| 2011-12 | 10,600 |
|
18% |
28% |
10%** |
| 2010-11 | 10,100 |
|
18% |
28% |
10%** |
| 2009-10 | 10,100 |
- |
18% |
- |
|
| 2008-09 | 9,600 |
- |
18% |
- |
|
| 2007-08 | 9,200 |
10% |
20% |
40% |
|
| 2006-07 | 8,800 |
10% |
20% |
40% |
|
| 2005-06 | 8,500 |
10% |
20% |
40% |
|
| 2004-05 | 8,200 |
10% |
20% |
40% |
|
| 2003-04 | 7,900 |
10% |
20% |
40% |
|
| 2002-03 | 7,700 |
10% |
20% |
40% |
|
| 2001-02 | 7,500 |
10% |
20% |
40% |
|
| 2000-01 | 7,200 |
10% |
20% |
40% |
|
| 1999-2000 | 7,100 |
- |
20% |
40% |
|
| 1998-99 | 6,800 |
20% |
23% |
40% |
|
| 1997-98 | 6,500 |
20% |
23% |
40% |
|
* The higher rate of 28% is introduced for gains on or after 23rd June 2010.
** Gains arising on or after 23rd June 2010 that qualify for Entrepreneur’s relief will no longer receive a 4/9ths deduction, but instead the whole of the qualifying gain will be taxable at 10% instead of 18% or 28%.
|
LEL |
UEL |
Rate |
Maximum Payable |
| 2012-13 | 7,605 |
42,475 |
9% |
3,138.3 |
| 2011-12 | 7,225 |
42,475 |
9% |
3,172.50 |
| 2010-11 | 5,715 |
43,875 |
8% |
3,052.80 |
| 2009-10 | 5,715 |
43,875 |
8% |
3,052.80 |
| 2008-09 | 5,435 |
40,040 |
8% |
2,768.40 |
| 2007-08 | 5,225 |
34,840 |
8% |
2,369.20 |
| 2006-07 | 5,035 |
33,540 |
8% |
2,280.40 |
| 2005-06 | 4,895 |
32,760 |
8% |
2,229.20 |
| 2004-05 | 4,745 |
31,720 |
8% |
2,158.00 |
| 2003-04 | 4,615 |
30,940 |
8% |
2,106.00 |
| 2002-03 | 4,615 |
30,420 |
7% |
1,806.35 |
| 2001-02 | 4,535 |
29,900 |
7% |
1,775.55 |
| 2000-01 | 4,385 |
27,820 |
7% |
1,640.45 |
| 1999-2000 | 7,530 |
26,000 |
6% |
1,108.20 |
| 1998-99 | 7,310 |
25,220 |
6% |
1,074.60 |
Class 4 NICs are paid at a rate of:
There is also a flat rate class 2 NIC rate.