Income Tax Rates

2010/11

2009/10

Band £

Rate %

Band £

Rate %

0 - 2,440

10*

0 - 2,440

10*

2,441 - 37,400

20**

2,441 - 37,400

20**

37,401 - 150,000

40***

Over 37,400

40***

Over 150,000

50****

*Only applicable to dividends and savings income. The 10% rate is not available if taxable non-savings income exceeds £2,440.
** Except dividends (10%).
*** Except dividends (32.5%).
**** Except dividends (42.5%).
Other income taxed first, then savings income and finally dividends.
 

Back to Tax Rates 2010/11




Bayliss Ware Ltd. Chartered Accountants.
Registered office: 9 Stratfield Park, Elettra Avenue, Waterlooville, Hants, PO7 7XN
Registered in England. Company No.: 3180843
VAT Number: 675 9982 55
Email: info(at)baylissware.com | Telephone: 023 9279 9744 | Fax: 023 9279 9755