Income Tax Rates
| 2009/10 | 2008/09 | ||
|---|---|---|---|
| Band £ |
Rate % |
Band £ |
Rate % |
| 0 - 2,440 | 10* |
0 - 2,320 | 10* |
| 2,441 - 37,400 | 20** |
2.321 - 34,800 | 20** |
| Over 37,400 | 40*** |
Over 34,800 | 40*** |
* Only applicable to dividends and savings income.
** Except dividends (10%).
*** Except dividends (32.5%).
Other income taxed first, then savings income and finally dividends.
