Income Tax Rates & Allowances

Personal Allowance	2013/2014 £9440	2012/2013 £8105
Income Limit	100,000	100,000
Born after 05.04.1938 but before 06.04.1948	10,500	–
Born before 06.04.1938	10,660	–
Aged 65-74	–	10,500
Aged 75 and over	–	10,660
Age Allowance income limit	26,100	25,400
Married couples allowance (also for civil partners) Either partner born before 06.04.1935	7915	7705
Blind Allowance	2160	2100

Income Tax Rates & Thresholds

Basic rate band 20%	0 – £32,010
Higher rate 40%	£32,011 – £150,000
Additional rate 45%	Over £150,000
Savings starting rate 10%	£2790
Dividends starting rate 10%, Dividends higher rate 32.5%, Dividends additional rate 37.5%	The dividend rates are applied to the dividend grossed up by a tax credit of 1/9