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Tax Rate Data

2007/08

  Rate On Taxable Income Cumulative tax
Starting Rate 10% 0 - 2,230 £223
Basic Rate 22% 2,231–34,600 £7,344
Higher Rate 40% Over £34,600

2006/07

  Rate On Taxable Income Cumulative tax
Starting Rate 10% 0–£2,150 £215
Basic Rate 22% £2,151–£33,300 £7,068
Higher Rate 40% Over £33,300

2005/06

  Rate On Taxable Income Cumulative tax
Starting Rate 10% 0–£2,090 £209.00
Basic Rate 22% £2,091–£32,400 £6,877.20
Higher Rate 40% Over £32,400

2004/05

On Taxable Income
  Rate On Taxable Income Cumulative tax
Starting Rate 10% 0–£2,020 £202
Basic Rate 22% £2,021–£31,400 £6,665.60
Higher Rate 40% Over £31,400

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enquiries@billinghamaccountants.co.uk

Telephone: 01604 791808

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