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Income Tax Rebate Rates and Allowances

Below we have constructed a table which helps to show the different tax bands for the past 5 years. This can help you calculate if you are due a tax refund from the Inland Revenue:

 

Tax Bands 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008
Lower Rate £1,960 £2,020 £2,090 £2,150 £2,230
Total Tax Paid in Band £196.00 £202.00 £209.00 £215.00 £223.00
Rate 10% 10% 10% 10% 10%
Basic Rate Band £1,961- £30,500 £2,021- £31,400 £2,091- £32,400 £2,151- £33,300 £2,231- £34,600
Total Tax Paid in Band £6,278.58 £6,463.60 £6,668.20 £6,852.78 £7,121.18
Rate 22% 22% 22% 22% 22%
Higher Rate Tax Band £30,500+ £31,400+ £32,400+ £33,300+ £34,600+
Tax in Band unlimited unlimited unlimited unlimited unlimited
Rate 40% 40% 40% 40% 40%

 

The table below shows the Tax Free allowances that each person working within the UK is entitleed to earn each year before they pay any tax. If you have earned under this amount for any of the given years listed it is highly probable that you are due a tax rebate.

 
Allowances & Reliefs 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008
Personal allowance £4,615 £4,745 £4,895 £5,035 £5,225
Personal allowance 65-74 £6,610 £6,830 £7,090 £7,280 £7,550
Personal allowance 75+ £6,720 £6,950 £7,220 £7,420 £7,690
Married couple's allowance £2,150 £2,210 £2,280 £2,350 £2,440
...if older partner aged 65-74 £5,565 £5,725 £5,905 £6,065 £6,285
...if older partner aged 75+ £5,635 £5,795 £5,975 £6,135 £6,365
Blind person's allowance £1,510 £1,560 £1,610 £1,660 £1,730
Age allowance withdrawn
by £1 for every £2 of income over		 £18,300 £18,900 £19,500 £20,100 £20,900