UK Tax Rates 2011

UK Tax rates 2011 - 12 UK Tax rates 2010 - 11 UK Tax rates 2009 - 10 UK Tax rates 2008 - 9 UK Tax rates 2007 - 8 UK Tax rates 2006 - 7 UK Tax rates 2005 - 6 UK Tax rates 2004 - 5 UK Tax rates 2003 - 4 UK Tax rates 2002 - 3 UK Tax rates 2001 - 2 UK Tax rates 2000 - 1 UK Tax rates 1999 - 0	Tax Terms Explained Tax Articles / Bulletins UK Tax Calendar VAT Section Tax Forms IR Interest Rates USA Tax rates
UK tax year date : 6th April 2011 - 5th April 2012
Income Tax Rates	2011 - 12
Starting rate for savings	10% £0 - £2,560
Basic tax rate	20% £0 - 35,000
Higher tax rate	40% Over £35,000
Additional rate	50% Over £150,000

Income Tax Allowances	(£)
Personal allowance for people under 65	7,475
Personal allowance for people aged 65-74	9,940
Personal allowance for people aged 75 and over	10,090
Income limit for age-related allowances	24,000
Married couple's allowance - aged 75 or more	7,295
Minimum amount of married couple's allowance	2,800
Blind person's allowance	1,980

Reduced tax allowances and tapered down to zero over	£100,000

National Insurance	2011 - 12
LEL per week	£102
UEL per week	£817
Primary Threshold per week	£139
Secondary Threshold per week	£136
Employee - between PT - UEL (A)	12%
Employee - Over UEL	2%
Employers class 1	13.8%

Corporation Tax	2011 - 12
0 - 300,000	20%
300,001 - 1.5m	marginal relief fraction 3/200
Over 1.5m	26%

Capital Gains Tax Tax	2011 - 12
Individuals	18% + 28%
Trust	28%
Qualifying Entrepreneurs' Relief	10%
Annual Exemption/ relief
Individuals	£10,600
Trust	£5,300

Inheritance Tax	2011 - 12
Nil band	£325,000
Lifetime transfers	20%
Transfer within 7 years of death	40%

UK Tax Rates 2011-12

Tax Year

Income Tax

National Ins.

Corporation

Capital Gains

Inheritance

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