Tax Rates After Allowances (2009/10)

Rate of Tax Charged on Taxable Income	£
Starting Rate - 10%	See below
Basic Rate - 20%	0 - 37,400
Higher Rate - 40%	Over 37,401

 The 10% starting rate was abolished from 2008/09 but a new 10% starting rate for savings income applies where such income is within certain limits.  See table below for details.

	Below Basic Rate	Basic Rate	Above Basic Rate
Savings Income	10%	20%	40%
Dividend Income	10%	10%	32.5%
Capital Gains	18%	18%	18%