UK Tax Rates 2001-2

UK tax year date : 6th April 2001 - 5th April 2002
Income Tax Rates	2001 - 02
Starting tax rate	10% 0 - 1,880
Basic tax rate	22% 1,881 -29,400
Higher tax rate	40% Over 29,400

Income Tax Allowances	(£)
Personal allowance	4,535
Personal allowance for people aged 65-74	5,590
Personal allowance for people aged 75 and over	6,260
Income limit for age-related allowances	17,600
Married couple's allowance for people born before 6 April 1935	5,365
Married couple's allowance - aged 75 or more	5,435
Minimum amount of married couple's allowance	.
Blind person's allowance	1,450
Children tax credit	.
children tax credit - baby rate	.

National Insurance	2001 - 02
LEL	72
UEL	575
Employee - between LEL - UEL (A)	10%
Employee - Over UEL	0%
Employers class A	11.9%

Corporation Tax	2001 - 02
Under 10,000	10%
10,001 - 50,000	22.5%
50,001 - 300,000	20%
300,001 - 1.5m	32.5%
Over 1.5m	30%

Capital gains Tax	2001 - 02
Annual Exemption/ relief	.
Individuals	7500
Trust	3750

Inheritance Tax	2001 - 02
Nil band	.
Lifetime transfers	.
Transfer within 7 years of death	.

Tax Year