UK INCOME TAX RATE FOR 2014, 2013, 2012 AND 2011

INCOME TAX RATE IN UNITED KINGDOM FOR INDIVIDUAL TAX PAYERS

Taxable Bands	Income Tax Rate %	Year 2014-15	Year 2013-14	Year 2012-13	Year 2011-12
Starting Rate for Saving	10%*	�0-�2,880	�0-�2,790	�0-�2,710	�0-�2,560
Basic Rate	20%	�0-�31,865	�0-�32,010	�0-�34,370	�0-�35,000
Higher Rate	40%	�31,866-�150,000	�32,011-�150,000	�34,371-�150,000	�35,001-�150,000
Additional Rate	50%	NA	NA	Above �150,000	Above �150,000
From April 6 2013	45%	Above �150,000	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.