What is Individual Income Tax Rates in UK Tax Rates for 2011-12, 2012-13, 2013-14 in United Kingdom (Briton)

 

United Kingdom Income Tax Rates for 2014, 2013, 2012 and 2011

 

Individual Income Tax Rates

Taxable Bands	Income Tax Rate %	Year 2013-14	Year 2012-13	Year 2011-12
Starting Rate for Saving	10*	0-2,790	0-2,710	0-2,560
Basic Rate	20	0-32,010	0-34,370	0-35,000
Higher Rate	40	32,011-150,000	34,371-150,000	35,001-150,000
Additional Rate	50	NA	Above 150,000	Above 150,000
From April 6 2013	45	Above 150,000	NA	NA

Notes 

*Starting rate of 10% applies to Savings Income only.

If the non saving income is above this limit after deducting Personal Allowance from Total Income, this rate will not apply.

Income from employment, profits from self employment, pensions, income from property and all taxable benefits will include in non-savings income.

Rates for dividends are 10% ordinary rate, 32.5% dividend upper rate and the dividend additional rate of 42.50%. Dividend additional rate is 37.50% from 2013-14

Figures are indicative only. Please recheck it with respective department for maximum accuracy and updated figures.

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