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.