Valid HTML 4.01!

Valid CSS!

UK Tax Rates 2002-3

Click on a Tax Mark to pick tax

Tax Year

Income Tax

National Ins.

Corporation

Capital Gains

Inheritance

IncomeTaxRates2-3 National Insurance2-3 Corporation Tax2-3 Capital gains2-3 Inheritants2-3

 


UK tax year date : 6th April 2002 - 5th April 2003



Income Tax Rates   top of page                          

2002 - 03
Starting  tax rate  10%  0 - 1,920
Basic  tax rate  22%  1 921 - 29,900
Higher tax rate 40%  Over 29,900

Income Tax Allowances top of page

  ()

Personal allowance 4,615
Personal allowance for people aged 65-74 6,100
Personal allowance for people aged 75 and over 6,370
Income limit for age-related allowances 17,900
Married couple's allowance for people born before 6 April 1935 5,465
Married couple's allowance - aged 75 or more 5,535
Minimum amount of married couple's allowance 2,110
Blind person's allowance 1,480
Children tax credit 5,290
children tax credit - baby rate 10,490

National Insurance  top of page

2002 - 03
LEL 75
UEL 585
Employee - between LEL - UEL (A) 10%
Employee - Over UEL 0%
Employers class A  11.8%

Corporation Tax  top of page

2002 - 03
Under 10,000 0%
10,001 - 50,000 23.75%
50,001 - 300,000 19%
300,001 - 1.5m 32.75%
Over 1.5m 30%

Capital gains Tax top of page

2002 - 03
Annual Exemption/ relief .
Individuals 7700
Trust 3850

Inheritance Tax top of page

2002 - 03
Nil band 250,000
Lifetime transfers 20%
Transfer within 7 years of death 40%

UK tax rates, for much further information from the official authority site

Summary  table (past year uk tax rates comparison tables)

 

Copyright 2004 - Scopulus Limited. All rights reserved.  Terms of use  Privacy Policy  Directory  Contact  Search  Site Map