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Income Tax Bands andRates
| 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.
** Except dividends (10%).
*** Except dividends (32.5%).
**** Except dividends (42.5%).
Other income taxed first, then savings income and finally dividends.
Tax Rates and Allowances
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