Income Tax Rates

2008/09
2007/08
Band
£
Rate
%
 Band
£
Rate
%
0 - 2,320
10**
 0 - 2,230
10
2.321 - 34,800*
20***
 2,231 - 34,600
22***
Over 34,800*
40†
 Over 34,600
40†

* As announced on 13 May 2008 (to be confirmed)
** Only applicable to dividends and savings income.
*** Except dividends (10%) and, in 2007/08, savings income (20%).
† Except dividends (32.5%).
Other income taxed first, then savings income and finally dividends.