Income Tax Rates

2015/2016

Band £Rate %
0-5,0000*
0-31,78520**
31,786-150,00040***
Over 150,00045****

* Only applicable to savings and dividend income.

This rate is not available if taxable non savings income exceeds £5000

** Except dividends taxed (10%)

*** Except dividends taxed at (32.5%)

**** Except dividends taxed at (37.5%)

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

2014/2015

Band £Rate %
0-2,88010*
0-31,86520**
31,865-150,00040***
Over 150,00045****

2013/2014

Band £Rate %
0-2,79010*
0-32,01020**
32,011-150,00040***
Over 150,00045****

If you have any questions or would like further information please call on 01527 68235