The information contained in the tables below shows the tax allowances for 2009/10 and your likely take home pay after deducting your tax and national insurance contributions and after taking into account your tax credits and child benefits entitlement. We suggest you seek professional advice on your personal tax affairs and the information provided in the tables below are for general guidance only.
Tax allowances and rates
|
2008/09
|
2009/10
|
Increase
|
| Personal allowance |
£6,035
|
£6,475
|
£440
|
|
Basic rate band at 20% is up to
|
£34,800
|
£37,400
|
£2,600
|
|
Higher rate band at 40% is for over
|
£34,800
|
£37,400
|
£2,600
|
|
Personal allowance for age 65-75
|
£9,030
|
£9490
|
£460
|
|
Married couple for age 73-74
|
£6,535
|
N/A
|
N/A
|
| Personal allowande for age 75 and above |
£9,180
|
£9,640
|
£460
|
| Married couple age 75 and above |
£6,625
|
£6,965
|
£340
|
| Age allowance restricted from |
£21,800
|
£22,900
|
£11,00
|
| Inheritance tax threshold |
£312,000
|
£325,000
|
£13,000
|
| Annual exemption for capital gains tax |
£9,600
|
£10,100
|
£500
|
National Insurance Contributions
|
2008/09
|
2009/10
|
CLASS 1 - For People under Employment Contract
|
|
|
| £105 - £770 per week |
11%
|
-
|
| Above £770 |
1%
|
-
|
| £110 - £844 per week |
-
|
11%
|
| Above £844 |
-
|
1%
|
| |
|
|
CLASS 4 - For Self Employed Individuals
|
|
|
| From £5,435pa |
8%
|
|
| Over £40,040 |
1%
|
|
| From £5,715pa |
|
8%
|
| Over £43,875 |
|
1%
|
TABLE A: COUPLE WITH TWO CHILDREN AND ONLY ONE PERSON WORKING
|
|
Annual Income
|
Tax & NIC
|
Tax Credit/Child Benefit
|
Take Home Income
|
Increase
|
| ' |
2008/09
|
2009/10
|
2008/09
|
2009/10
|
2008/09
|
2009/10
|
|
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
|
5,000
|
-
|
-
|
10,674
|
11,266
|
15,674
|
16,266
|
592
|
|
10,000
|
1,295
|
1,176
|
9,278
|
9,870
|
17,983
|
18,694
|
711
|
|
15,000
|
2,845
|
2,726
|
7,328
|
7,920
|
19,483
|
20,194
|
711
|
|
20,000
|
4,395
|
4,276
|
5,378
|
5,970
|
20,983
|
21,694
|
711
|
|
25,000
|
5,945
|
5,826
|
3,428
|
4,020
|
22,483
|
23,194
|
711
|
|
30,000
|
7,495
|
7,376
|
2,199
|
2,271
|
24,704
|
24,895
|
191
|
|
35,000
|
9,045
|
8,926
|
2,199
|
2,271
|
28,154
|
28,345
|
191
|
|
40,000
|
10,595
|
10,476
|
2,199
|
2,271
|
31,604
|
31,795
|
191
|
|
45,000
|
12,483
|
12,139
|
2,199
|
2,271
|
34,716
|
35,132
|
416
|
|
50,000
|
14,533
|
14,189
|
2,199
|
2,271
|
37,666
|
38,082
|
416
|
|
75,000
|
24,783
|
24,439
|
1,654
|
1,726
|
51,871
|
52,287
|
416
|
|
100,000
|
35,033
|
34,689
|
1,654
|
1,726
|
66,621
|
67,037
|
416
|
|
150,000
|
55,533
|
55,189
|
1,654
|
1,726
|
96,121
|
96,537
|
416
|
TABLE B: COUPLE WITH TWO CHILDREN AND BOTH WORKING
|
Annual Income
|
Tax & NIC
|
Tax Credit/Child Benefit
|
Take Home Income
|
Increase
|
| ' |
2008/09
|
2009/10
|
2008/09
|
2009/10
|
2008/09
|
2009/10
|
|
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
|
5,000
|
-
|
-
|
10,674
|
11,266
|
15,674
|
16,266
|
592
|
|
10,000
|
-
|
-
|
9,278
|
9,870
|
19,278
|
19,870
|
592
|
|
15,000
|
1,040
|
802
|
7,328
|
7,920
|
21,288
|
22,118
|
830
|
|
20,000
|
2,590
|
2,352
|
5,378
|
5,970
|
22,788
|
23,618
|
830
|
|
25,000
|
4,140
|
3,902
|
3,428
|
4,020
|
24,288
|
25,118
|
830
|
|
30,000
|
5,690
|
5,452
|
2,199
|
2,271
|
26,509
|
26,819
|
310
|
|
35,000
|
7,240
|
7,002
|
2,199
|
2,271
|
29,959
|
30,269
|
310
|
|
40,000
|
8,790
|
8,552
|
2,199
|
2,271
|
33,409
|
33,719
|
310
|
|
45,000
|
10,340
|
10,102
|
2,199
|
2,271
|
36,859
|
37,169
|
310
|
|
50,000
|
11,890
|
11,652
|
2,199
|
2,271
|
40,309
|
40,619
|
310
|
|
75,000
|
19,640
|
19,402
|
1,654
|
1,726
|
57,014
|
57,324
|
310
|
|
100,000
|
29,066
|
28,378
|
1,654
|
1,726
|
72,588
|
73,348
|
760
|
|
150,000
|
49,566
|
48,878
|
1,654
|
1,726
|
102,088
|
102,848
|
760
|
TABLE C: SINGLE PARENT WITH ONE CHILD
|
Annual Income
|
Tax & NIC
|
Tax Credit/Child Benefit
|
Take Home Income
|
Increase
|
|
'
|
2008/09
|
2009/10
|
2008/09
|
2009/10
|
2009/10
|
2008/09
|
2009/10
|
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
|
5,000
|
-
|
-
|
7,928
|
8,345
|
12,928
|
13,345
|
417
|
|
10,000
|
1,295
|
1,176
|
6,532
|
6,949
|
15,237
|
15,773
|
536
|
|
15,000
|
2,845
|
2,726
|
4,582
|
4,999
|
16,737
|
17,273
|
536
|
|
20,000
|
4,395
|
4,276
|
2,632
|
3,049
|
18,237
|
18,773
|
166
|
|
25,000
|
5,945
|
5,826
|
1,538
|
1,585
|
20,593
|
20,759
|
166
|
|
30,000
|
7,495
|
7,376
|
1,538
|
1,585
|
24,043
|
24,209
|
166
|
|
35,000
|
9,045
|
8,926
|
1,538
|
1,585
|
27,493
|
27,659
|
166
|
|
40,000
|
10,595
|
8,552
|
1,538
|
1,585
|
30,943
|
31,109
|
166
|
|
45,000
|
12,483
|
12,139
|
1,538
|
1,585
|
34,055
|
34,446
|
391
|
|
50,000
|
14,533
|
14,189
|
1,538
|
1,585
|
37,005
|
37,396
|
391
|
|
75,000
|
24,783
|
24,439
|
993
|
1,040
|
51,210
|
51,601
|
391
|
|
100,000
|
35,033
|
34,689
|
993
|
1,040
|
65,960
|
66,351
|
391
|
|
150,000
|
55,533
|
55,189
|
993
|
1,040
|
95,460
|
95,851
|
391
|
TABLE D: HUSBAND AND WIFE PARTNERSHIP
|
Annual Income
|
Tax & NIC
|
Tax Credit/Child Benefit
|
Take Home Income
|
Increase
|
|
|
2008/09
|
2009/10
|
2008/09
|
2009/10
|
2008/09
|
2009/10
|
|
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
£
|
|
5,000
|
-
|
-
|
10,674
|
11,266
|
15,674
|
16,266
|
592
|
|
10,000
|
-
|
-
|
9,278
|
9,870
|
19,278
|
19,870
|
592
|
|
15,000
|
1,160
|
946
|
7,328
|
7,920
|
21,168
|
21,974
|
806
|
|
20,000
|
2,560
|
2,346
|
5,378
|
5,970
|
22,818
|
23,624
|
806
|
|
25,000
|
3,960
|
3,746
|
3,428
|
4,020
|
24,468
|
25,274
|
806
|
|
30,000
|
5,360
|
5,146
|
2,199
|
2,271
|
26,839
|
27,125
|
286
|
|
35,000
|
6,760
|
6,546
|
2,199
|
2,271
|
30,439
|
30,725
|
286
|
|
40,000
|
8,160
|
7,946
|
2,199
|
2,271
|
34,039
|
34,325
|
286
|
|
45,000
|
9,560
|
9,346
|
2,199
|
2,271
|
37,639
|
37,925
|
286
|
|
50,000
|
10,960
|
10,746
|
2,199
|
2,271
|
41,239
|
41,525
|
286
|
|
75,000
|
17,960
|
17,746
|
1,654
|
1,726
|
58,694
|
58,980
|
286
|
|
100,000
|
27,232
|
26,338
|
1,654
|
1,726
|
74,422
|
75,388
|
966
|
|
150,000
|
47,732
|
46,838
|
1,654
|
1,726
|
103,922
|
104,888
|
966
|
TABLE E: SINGLE OR MARRIED WITH NO CHILDREN
|
|
Annual Income
|
Tax & NIC
|
Income Tax credit
|
Increase
|
| |
2008/09
|
2009/10
|
2008/09
|
2009/10
|
|
|
£
|
£
|
£
|
£
|
£
|
£
|
|
5,000
|
-
|
-
|
7,535
|
7,665
|
130
|
|
10,000
|
1,295
|
1,176
|
9,844
|
10,093
|
249
|
|
15,000
|
2,845
|
2,726
|
12,155
|
12,274
|
119
|
|
20,000
|
4,395
|
4,276
|
15,605
|
15,724
|
119
|
|
25,000
|
5,945
|
5,826
|
19,055
|
19,174
|
119
|
|
30,000
|
7,495
|
7,376
|
22,505
|
22,624
|
119
|
|
35,000
|
9,045
|
8,926
|
25,955
|
26,074
|
119
|
|
40,000
|
10,595
|
10,476
|
29,405
|
29,524
|
119
|
|
45,000
|
12,483
|
12,139
|
32,517
|
32,861
|
344
|
|
50,000
|
14,533
|
14,189
|
35,467
|
35,811
|
344
|
|
75,000
|
24,783
|
24,439
|
50,217
|
50,561
|
344
|
|
100,000
|
35,033
|
34,689
|
64,967
|
65,311
|
344
|
|
150,000
|
55,533
|
55,189
|
94,467
|
94,811
|
344
|
|
|
