2006-10-18 20:41:53 · 7 answers · asked by commander 1 in Business & Finance ➔ Taxes ➔ United Kingdom
The UK rates are 10%, 22% and 40%.
All the current rates of Income Tax and Allowances are detailed here http://www.hmrc.gov.uk/rates/it.htm
2006-10-21 20:49:32 · answer #1 · answered by thebigtombs 5 · 1⤊ 0⤋
Income Tax band Income Tax rate on earned income (see note) Income Tax rate on savings Income Tax rate on dividends
Starting rate:
£1 to £2,150
10% 10% 10%
Basic rate:
£2,151 to £33,300
22% 20% 10%
Higher rate:
£33,301 and above
40% 40% 32.5%
2006-10-18 20:45:38 · answer #2 · answered by dianafpacker 4 · 1⤊ 1⤋
I assume you are asking the rate of income tax in the United States. You can see the rate table here: http://www.taxadmin.org/fta/rate/ind_inc.html
2006-10-18 20:44:20 · answer #3 · answered by Leo 1 · 1⤊ 1⤋
Income tax allowances 2005-06 (£) 2006-07 (£)
Personal allowance 4,895 5,035
Personal allowance for people aged 65-74 7,090 7,280
Personal allowance for people aged 75 and over 7,220 7,420
Income limit for age-related allowances 19,500 20,100
Married couple's allowance for people born before 6 April 1935 5,905 6,065
Married couple's allowance - aged 75 or more 5,975 6,135
Minimum amount of married couple's allowance 2,280 2,350
Blind person's allowance 1,610 1,660
2006-10-18 20:43:17 · answer #4 · answered by richard_beckham2001 7 · 1⤊ 1⤋
See the this from Inland Revenue.
http://www.hmrc.gov.uk/rates/it.htm
Also, check out this website. It calculates the your net pay after tax and NI.
http://www.listentotaxman.com/
2006-10-18 20:46:14 · answer #5 · answered by k² 6 · 1⤊ 0⤋
10%, 22% and 40%
2006-10-20 06:17:03 · answer #6 · answered by Conservative 5 · 0⤊ 0⤋
40% is the maximum slab
2006-10-19 23:34:23 · answer #7 · answered by Purnima B 1 · 0⤊ 0⤋