Income Tax Rates

2004/05
2003/04
Band
£
Rate
%
Band
£
Rate
%
0 - 2,020
10
0 - 1,960
10
2,021 - 31,400
22 *
1,961 - 30,500
22 *
Over 31,400
40 **
Over 30,500
40 **

* Except dividends (10%) and savings income (20%).
** Except dividends (32.5%).
Other income taxed first, then savings income and finally dividends.