Income Tax Rates

2009/10

2010/11

Band
£

Rate
%

Band
£

Rate
%

0 – 2,440

10*

0 – 2,440

10*

2,441 – 37,400

20**

2.441 – 37,400

20**

Over 37,400

40***

37,401-150000

40***

 

 

Over 150,000

50****

*Only applicable to dividend and savings income. The 10% rate is not available if taxable non-savings income exceeds £2440
** Except dividends (10%).
*** Except dividends (32.5%).
**** Except Dividends (42.5%)

Other income taxed first, then savings income and finally dividends.
 

 

 

 

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