Young & Co.
Chartered Accountants and Registered Auditors
More than just an accounting firm
Young & Co. Chartered Accountants and Registered Auditors
• Bewell House, Bewell Street, Hereford, HR4 0BA • 3 Worcester Road, Great Malvern, WR14 4QY
Copyright © 2012 Young & Co.
|
Personal Allowance - |
£7,475 |
|
Income limit for Personal Allowance From the 2010/11 tax year the Personal Allowance reduces where the income is above
£100,000 - |
£100,000 |
|
Age Allowance - |
£9,940 |
|
Age Allowance - |
£10,090 |
|
Married couples allowance - |
£2,800 |
|
Married couples allowance - |
£7,295 |
|
Blind person |
£1,980 |
|
Rates of Tax |
|
|
Taxable income (total income less any relevant allowances) between £0 - |
20% |
|
Taxable income between £35,001 - |
40% |
|
Additional rate over £150,000 |
50% |