tax table
income tax allowances
| Description | 2006/2007 |
2005/2006 |
|---|---|---|
| Personal Allowance (Basic) | £5,035 |
£4,895 |
| Personal Allowance (Age 65-74) | £7,280 |
£7,090 |
| Personal Allowance (Age 75 and over) | £7,420 |
£7,220 |
| * Married Couples/Civil Partnership (minimum) at 10% | £2,350 |
£2,280 |
| * Married Couples/Civil Partnership (age under 75) at 10% | £6,065 |
£5,905 |
| * Married Couples/Civil Partnership (age 75 and over) at 10% | £6,135 |
£5,975 |
| Age related relief reduced by income over | £20,100 |
£19,500 |
| Child Tax Credit family element | £545 |
£545 |
| CTC usually reduced by 6.67% of joint income over | £50,000 |
£50,000 |
| Blind Persons Allowance | £1,660 |
£1,610 |
| Rent-a-room tax free income | £4,250 |
£4,250 |
| Venture Capital Trust up to £200,000 | 30% |
40% |
| Enterprise Investment Scheme at 20% up to | £400,000 |
£200,000 |
* Where at least one spouse/civil partner was born before 6th April 1935
17
The number of
species of penguin
