Income Tax allowances
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Opening Hours
8.45am to 6.00pm Mon-Thur
8.45am to 5.00pm Friday
Weekend Appointments Available
Contact
A&A Accounting Limited
1037 Sauchiehall Street
Glasgow
G3 7TZ
T: 0141 334 2620
F: 0141 337 6147
Income Tax allowances
2008-2009 |
2009-2010 |
2010-2011 | 2011-2012 | |
|---|---|---|---|---|
Personal Allowance |
£6,035 |
£6,475 |
£6,475 |
£7,475 |
P.Allow.Age 65-74 |
£9,030 |
£9,490 |
£9,490 |
£9,940 |
P.Allow. Age 75+ |
£9,180 |
£9,640 |
£9,640 |
£10,090 |
Capital Gains Allowance |
£9600 |
£10,100 |
£10,100 |
£10,600 |
| 2008-2009 | 2009-2010 | 2010-2011 | 2011-2012 | |
|---|---|---|---|---|
Basic Rate 20% |
£0 - £34,800 |
£0 -£ 37,400 |
£0 -£ 37,400 |
£0 -£ 35,000 |
Higher Rate 40% |
Over £34,800 |
Over £37,400 |
Over £37,400 |
Over £35,000 |
50% Rate |
n/a |
+£150,000 |
+£150,000 |
+£150,000 |
VAT Threshold |
£67,000 |
£68,000 |
£70,000 |
£70,000 |
|---|
Contact A&A Accounting Ltd on 0141 334 2620 if you require any assistance
1037 Sauchiehall Street, Glasgow G3 7TZ, T - 0141 334 2620 F - 0141 337 6147 admin@aaaccounting.co.uk