| |
|
| |
|
|
| Starting rate of 10% on first |
£2,320* |
£2,230 |
| Income to which starting rate applies |
Savings |
All |
| Basic rate on earned, pensions and property
income |
20% |
22% |
| Basic rate on savings income |
20% |
20% |
| |
| Higher rate of 40% on income over |
£36,000 |
£34,600 |
| |
basic rate taxpayers
higher rate taxpayers |
10%
32.5% |
10%
32.5% |
| |
standard rate band generally
dividends (rate applicable to trusts)
other income (rate applicable to trusts) |
£1,000
32.5%
40% |
£1,000
32.5%
40% |
| |
| Pre-owned assets tax (£5,000 minimum taxable) |
As income |
*Only applicable where taxable non-savings income is under £2,320
|
