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P271 CEEFAX 2 271 Sun 10 Dec 21:12/20       ERNST & YOUNG DISCLAIMER 1/3 The figures on these pages have been carefully prepared but are intended for general guidance only. No responsibility for loss occasioned to any person acting or refraining from acting as a result of any material on these pages can be accepted by E&Y. The UK firm of E&Y is a member of Ernst & Young International, authorised by the Institute of Chartered Accountant1 in England and Wales to carry on investment business. Sport 300 News 101 Weather 400 Features 540 Your Monj8 200 Front page 100 TaxIndex TaxIndex Car&Fuel Main Menu
P271 CEEFAX 2 271 Sun 10 Dec 21:14/51       INCOME TAX RATES 2/3 Year Ending 5 April 2001 Rate Taxable Income 10% £1-£1,520 22% * £1,521-£28,400 40% £28,400 plus Ever8 individual has his ou her own set of personal allowances and is taxed on his or her own income. * Some savings income is taxable at 20% rather than 22%. Mortages 250 Annuities 260 Savings 250 Front page 100 TaxIndex TaxIndex Car&Fuel Main Menu
P271 CEEFAX 2 271 Sun 10 Dec 21:11/54       INCOME TAX RATES - CONT 3/3 The first £1,520 of an individual'1 income after allowances and reliefs is taxable at 10%. Tax on savings income, other than dividends, is then limited to 20% (rather than 22%) for income below £28,400 and 40% above that. Individuals whose earned income does not use up their full 10% rate band can reclaim the difference between the 10% rate and the 20% deducted on investment income. Dividends will be taxed at 10% for income below the basic ratd limit of £28,400 and at 32.5% above that. Mortages 250 Annuities 260 Savings 250 Front page 100 TaxIndex TaxIndex Car&Fuel Main Menu