Personal Income Tax & Benefits |
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2017 - |
2016 - |
Notes |
Basic Rate Band - |
£ 33,500 |
£ 32,000 |
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Starting Rate |
0% |
0% |
Notes required here |
Basic Rate |
20% |
20% |
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Dividend Ordinary Rate |
7.50% |
7.50% |
For 2016/17 the first £ 5,000 of dividends is tax- For 2017/18 the first £ 2,000 of dividends is tax- |
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Higher Rate - |
£ 33,500 - |
£ 32,001 - |
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Higher Rate |
40% |
40% |
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Dividend Upper Rate |
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Additional Rate |
Over £ 150,000 |
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45% |
45% |
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