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UK Tax Rates 2004-5
Click on a
to pick tax
Tax Year
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Income Tax
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National Ins.
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Corporation
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Capital Gains
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Inheritance
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2004 - 5
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UK Tax rates 2013 - 14
UK Tax rates 2012 - 13
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
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UK tax year date : 6th April 2004 - 5th April 2005
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Income Tax Rates
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2004 - 05
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Starting tax rate
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10% 0 - 2,020
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Basic tax rate
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22% 2,021 - 31, 400
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Higher tax rate
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40% Over 31, 400
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Income Tax Allowances
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(£)
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Personal allowance
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4, 745
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Personal allowance for people aged 65-74
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6, 830
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Personal allowance for people aged 75 and over
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6, 950
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Income limit for age-related allowances
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18, 300
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Married couple's allowance for people born before 6 April 1935
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5, 725
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Married couple's allowance - aged 75 or more
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5, 795
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Minimum amount of married couple's allowance
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2,150
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Blind person's allowance
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1, 560
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Children tax credit
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replaced by Tax credit
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children tax credit - baby rate
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replaced by Tax credit
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National Insurance
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2004 - 05
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LEL
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79
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UEL
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610
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Employee - between LEL - UEL (A)
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11%
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Employee - Over UEL
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1%
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Employers class A
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12.8%
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Corporation Tax
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2004 - 05
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Under 10,000
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0%
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10,001 - 50,000
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23.75%
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50,001 - 300,000
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19%
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300,001 - 1.5m
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32.75%
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Over 1.5m
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30%
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Capital gains
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2004 - 05
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Annual Exemption/ relief
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Individuals
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8,200
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Trust
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4,100
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Inheritance Tax
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2004 - 05
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Nil band
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263,000
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Lifetime transfers
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20%
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Transfer within 7 years of death
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40%
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UK tax rates, for much further information from the official authority site
Summary table
(past year uk tax rates comparison tables)
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