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Tax Facts - Income Tax 

Income Tax Rates 
2016/17 
2015/16 
Band £ 
Rate % 
Band £ 
Rate % 
0-5,000 
0%* 
0-5,000 
10%* 
0-32,000 
20%** 
0-31,785 
20%** 
32,001-150,000 
40%*** 
31,786-150,000 
40%*** 
Over 150,000 
45%**** 
Over 150,000 
45%**** 
* Only applicable to savings income, The rate is not available if taxable non-savings income exceeds £5,000 For 2016/17, £1000 of savings income for basic rate 
** Except dividends 7.5%(0%) 
*** Except dividends 32.5% (25%) 
****Except dividends 38.1% (30.6%) 
Other income taxed first, then savings and finally dividends. For 2016/17 the first £5000 of dividends are tax free 
Personal Allowance 
2016/17 (£) 
2015/16 (£) 
General - born after 5 April 1938 
**11,000 
**10,600 
Born before 6 April 1938* 
**11,000 
**10,660 
Income limit 
100,000 
100,000 
Reduce personal allowance by £1 for every £2 of adjusted net income over £100,000 
 
 
**£1,100( £1,060) may be transferable between certain spouses where neither pay tax above the basic rate 
 
 
Married couple's allowance* (relief at 10%) 
2016/17 (£) 
2015/16 (£) 
Either partner 75 or more and born before 6.4.1935 
8,355 
8,355 
Age allowance income limit 
27,700 
27,700 
Minimum where income exceeds limit 
3,220 
3,220 
Reduce age allowance by £1 for every £2 of adjusted net income over £27,700  
 
 
 
2016/17  
(£) 
2015/16  
(£) 
Blind person's allowance  
2,290 
2,290 
*Available for civil partners 
 
Services 
 
Tax Facts 
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