Tax Facts and Figures

Here are some facts and figures about UK income tax. All figures relate to the 2010 tax year which ends on 5 April 2010. The filing deadline for this year's tax returns is 31 January 2011
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Tax tables

Personal tax-free allowance£6475
Age allowance (over 65)£9490
Forthe 2011 tax year, the allowance will be reduced by £1 for every £2 by which the income is above £100,000.
Age allowance (over 75)£9640
These allowances are reduced where the income is above £22900– by £1 for every £2 of income above the limit. For the 2010 tax year they will never be less than the basic Personal Allowance or minimum amount of Married Couple's Allowance. However, from the 2011 tax year the Personal Allowance for people aged 65 to 74 and 75 and over can be reduced below the basic Personal Allowance where the income is above £100,000.
Blind Persons Relief£1890
Married Couples Allowance (75 & over)£6965
Married couples allowances are reduced by £1 for every £2 over £22900 and the allowance is given at the rate of 10%
Minimum Married Couples Allce (75 & over)£2670
Starting rate for savings 10%first £2440
Basic Rate 22%first £37400
Higher rate 40%all in excess of £37,400
From the 2011 tax year there will be an Additional rate of 50% on income above £150,000.
For further information, see the IHM Revenue & Customs pages
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