Tax tables: Income Tax rates 2011-13

Posted by robertlovell PM | on Thu, 08/12/2011 - 17:43 2574

This Income Tax table reflects announcements made on 6 December 2011.

Income tax allowance	2011-12	2012-13
Personal allowance - age under 65	£7,475	£8,105
Personal allowance - age 65-74	£9,940	£10,500
Personal allowance - age 75 and over	£10,090	£10,660
Married couple’s allowance¹ maximum amount	£7,295	£7,705
Married couple’s allowance minimum amount²	£2,800	£2,960
Income limit for under 65 personal allowance	£100,00	£100,00
Income limit for age-related allowances	£24,000	£25,400
Blind person’s allowance	£1,980	£2,100

¹ Available to people born before April 6 1935. Tax relief for this allowance is restricted to 10%

² This is also the maximum relief for maintenance payments where at least one of the parties is born before 6 April 1935

Rate	2012	2013
Starting rate for savings: 10%*	£0-£2,560	£0-£2,710
Basic rate: 20%	£0-£35,000	£0-£34,370
Higher rate: 40%	£35,001-£150,000	£34,371-£150,000
Additional rate: 50%	Over £150,000	Over £150,000

* The 10 per cent starting rate applies to savings income only. If your non-savings income is above this limit then the 10 per cent starting rate for savings will not apply.