Tax tables: Income Tax rates 2011-13

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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.

Robert Lovell
Managing Editor
AccountingWEB.co.uk
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