Tax Rates - Income Tax Rates

Income Tax Rates - 1995-1998

Tax Bands Lower Rate Tax Band Tax in Band Rate Basic Rate Tax Band Tax in Band Rate Higher Rate Tax Band Tax in Band Rate	1995-6 to £3,200 £640.00 20% £3,201 - £24,300 £5,275.00 25% £24,300+ unlimited 40%	1996-7 to £3,900 £780.00 20% £3,901 - £25,500 £5,184.00 24% £25,500+ unlimited 40%	1997-8 to £4,100 £820.00 10% £4,101 - £26,100 £5,060.00 23% £26,100+ unlimited 40%
Allowances & Reliefs Personal allowance Personal allowance 65-74 Personal allowance 75+ Married couple's allowance* if older partner aged 65-74* if older partner aged 75+* Additional Person's allowance* Blind person's allowance Widow's bereavement allowance* Age allowance withdrawn (to personal allowance levels) by £l for every £2 of income over	1995-6 £3,525.00 £4,630.00 £4,800.00 £1,720.00 £2,995.00 £3,035.00 £1,720.00 £1,200.00 £1,720.00 £14,600.00	1996-7 £3,765.00 £4,910.00 £5,090.00 £1,790.00 £3,115.00 £3,155.00 £1,790.00 £1,250.00 £1,790.00 £15,200.00	1997-8 £4,045.00 £5,220.00 £5,400.00 £1,830.00 £3,185.00 £3,225.00 £1,830.00 £1,280.00 £1,830.00 £15,600.00
* = Relief limited to 15% in 1998/99 and 10% in 1999/2000


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