Stephen J.
Dann
~ ITPA ~
UK Tax Advisor
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Personal Income Tax
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2008/09
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2009/10
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Personal Allowance, under 65 yrs
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£ 6,035
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£ 6,475
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Age 65 - 74 yrs
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£ 9,030
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£ 9,490
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Age 75 yrs and over
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£ 9,180
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£ 9,640
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Higher Allowance income limit
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£ 21,800
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£ 22,900
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10% income tax rate ceiling
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Abolished
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Abolished
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Basic Rate
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20% - up to £36,000
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20% - up to £34,600
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Higher Rate tax
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40% above £37,400
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40% above £37,400
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National Insurance Contributions
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2008/09
|
2009/10
|
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Employee Rate
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11% up to £770 (1% above this level)
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11% up to £844 (1% above this level)
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Lower Earnings Limit
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£ 90 pw
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£ 95 pw
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Earnings threshold (ET)
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£ 105 pw
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£ 110 pw
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Employer Rate above ET
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12.8%
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12.8%
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