Income Tax: 2007/08 (2006/07) . ..

.National Insurance. Corporation Tax. ASC Wylie

<-----------------------------2007/08 ----------------------------> <----------------------------2006/07--------------------------->

Tax Rates	Limits	Tax Rate	Limits	Tax Rate
Starting Rate	< £ 2,230	10%	< £ 2,150	10%
Basic Rate	< £ 34,600	22%	< £ 33,300	22%
Higher Rate	> £ 34,600	40%	> £ 33,300	40%

(07/08) Dividend Rate -. 10% Basic Rate:.32.5% Higher Rate Savings Rate - 20% Basic Rate: 40% Higher Rate

(06/07) Dividend Rate -. 10% Basic Rate:.32.5% Higher Rate Savings Rate - 20% Basic Rate: 40% Higher Rate

<-----------------------------2007/08 ----------------------------> <----------------------------2006/07--------------------------->

Allowances	Personal	Married	Personal	Married
Basic Allowance	£5,225	£ -	£ 5,035	£ -
Age 65-74	£7,550	£6,285	£ 7,280	£ 6,065
Age 75 and over	£7,690	£6,365	£ 7,420	£ 6,135