NEWS |
| TAX RATES 2010/2011 |
| |
|
|
|
| INCOME TAX RATES |
| |
|
|
|
| |
Basic rate band |
£35,000 |
|
| |
Non-savings rate |
20% |
|
| |
Savings rate |
20% |
|
| |
UK dividend rate |
10% |
|
| |
|
|
|
| |
Higher rate income over |
£35,000 |
|
| |
Higher rate tax |
40% |
|
| |
UK dividend rate |
32.5% |
|
| |
|
|
| |
Additional rate income over |
£150,000 |
|
| |
Higher rate tax |
50% |
|
| |
UK dividend rate |
42.5% |
|
| |
|
|
|
CORPORATION TAX RATES |
| |
First £300,000 |
20% |
|
| |
Next £1,200,000 |
27.5% |
|
| |
Over £1,500,000 |
26% |
|
|
|
