Income Tax Rates and Reliefs 2005 2006

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Tax Data 2005 / 2006

INCOME TAX RATES

* Except dividends (10%) and savings income (20%).
** Except dividends (32.5%).
Other income taxed first, then savings income and finally dividends.

INCOME TAX RELIEFS

		2005/06	2004/05
		£	£
Personal allowance:
	- under 65	4,895	4,745
	- 65 - 74 *	7,090	6,830
	- 75 and over *	7,220	6,950
Married couple's allowance (relief at 10%):
	- aged less than 75 and born before 6.4.35 *	5,905	5,725
	- 75 and over *	5,975	5,795
	- min. amount	2,280	2,210
* Age allowance income limit:		19,500	18,900
(reduce age allowance by £1 for every £2 of excess income over £19,500)
Blind person’s allowance:		1,610	1,560