2002-03 & 2001-02

Personal allowances

Personal allowance £4,615 £4,535 80
Blind person's allowance £1,480 £1,450 30
Age allowance income limit £17,900 £17,600 300
Personal allowance 65 - 74 £6,600 £5,990 610
Personal allowance 75+ £6,370 £6,260 110
Married couple's allowance DOB prior 6/4/1935 £5,465 £5,356 109
Married couple's allowance 75+ £5,535 £5,435 100

Tax

 
Lower rate from 10% £0 10% £0 - -
to £1,920 £1,880 40
Basic rate from 22% £1,921 22% £1,881 -  
to £29,900 £29,400 500
Savings 20%   20%   -  
Dividends 10%   10%   -  
Higher rate from 40% £29,901 40% £29,401 - 500
Dividends 32.5%   32.5%   -  

NI

 
Lower earnings limit (LEL) £75 per wk £72 per wk 3
Employees earnings threshold (ET) £89 per wk £87 per wk 2
Rate up to LEL 0% 0% -
Rate between LEL and ET 0% 0% -
Rate between ET and UEL
(not contracted-out)
10% 10% -
Rate in excess of UEL 0% 0% -
Rate between ET and UEL (contracted-out) 8.4% 8.4% -
Upper earnings limit (UEL) £585 per wk £575 per wk 10
Earnings threshold (ET) £89 per wk £87 per wk 2
Rates above ET
(not contracted-out)
11.8% 11.9% -0.1%
Rates between ET and UEL
(contracted-out)
8.4% 8.9% -0.5%
Rate in excess of UEL
(contracted-out)
11.8% 11.9% -0.1%
Rate 11.8% 11.9% -0.1%
Other taxed benefits in kind 11.8% 11.9% -0.1%
Rate 11.8% 11.9% -0.1%
Rate £2.00 per wk £2.00 per wk -
small earnings exception limit £4,025 pa £3,995 pa 30
Flat rate £6.85 per wk £6.75 per wk 0.10
Rate between LPL and UPL 7% 7% -
Rate in excess of UPL 0% 0% -
Lower profits limit (LPL) £4,615 pa £4,535 pa 80
Upper profits limit (UPL) £30,420 pa £29,000 pa 1420