UK Tax Rates 2005-6
Click on a 
to pick tax
Tax Year | Income Tax | National Ins. |
Corporation | Capital Gains | Inheritance |
| | |
| | |
FREE Tax Tips sent to your Email with our Newsletter.
UK Tax Rates | USA Tax rates |
UK VAT Section | European Vat Rates |
UK Tax Calendar | Search Tax Terms |
IR Interest Rates | Tax Articles |
ISA Limits | Tax Forms |
UK tax year date : 6th April 2005 - 5th April 2006 | |
| 2005 - 06 | |
| Starting tax rate | 10% 0 - 2,090 |
| Basic tax rate | 22% 2,091 - 32, 400 |
| Higher tax rate | 40% Over 32, 400 |
Income Tax Allowances | (£) |
| Personal allowance | 4, 895 |
| Personal allowance for people aged 65-74 | 7,090 |
| Personal allowance for people aged 75 and over | 7,220 |
| Income limit for age-related allowances | 19,500 |
| Married couple's allowance for people born before 6 April 1935 | 5,905 |
| Married couple's allowance - aged 75 or more | 5, 975 |
| Minimum amount of married couple's allowance | 2,280 |
| Blind person's allowance | 1, 610 |
| Children tax credit | replaced by Tax credit |
| children tax credit - baby rate | replaced by Tax credit |
| 2005 - 06 | |
| LEL | 82 |
| UEL | 630 |
| Employee - between LEL - UEL (A) | 11% |
| Employee - Over UEL | 1% |
| Employers class A | 12.8% |
| 2005 - 06 | |
| 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% |
| 2005 - 06 | |
| Annual Exemption/ relief | |
| Individuals | 8,500 |
| Trust | 4,250 |
Inheritance Tax | 2005 - 06 |
| Nil band | 275,000 |
| Lifetime transfers | 20% |
| Transfer within 7 years of death | 40% |
UK Tax Rates - Past and Present
UK tax rates, for much further information from the official authority site 