2004-05 & 2003-04

Personal allowances

 
Personal allowance £4,745 £4,615 130
Blind person's allowance £1,560 £1,510 50
Age allowance income limit £18,900 £18,300 600
Personal allowance 65 - 74 £6,830 £6,610 220
Personal allowance 75+ £6,950 £6,720 230
Married couple's allowance DOB prior 6/4/1935 £5,725 £5,725 -
Married couple's allowance 75+ £5,795 £5,635 160
Minimum married couples allowance £2,210 £2,150 60

Tax

 
Lower rate from 10% £0 10% £0 - -
to £2,020 £1,960 80
Basic rate from 22% £2,021 22% £1,961 -  
to £31,400 £30,500 900
Savings 20%   20%   -  
Higher rate from 40% £31,401 40% £30,501 - 900

NI

 
Lower earnings limit (LEL) £79 per wk £77 per wk 2
Employees earnings threshold (ET) £91 per wk £89 per wk 2
Rate up to LEL 0% 0% -
Rate between LEL and ET 0% 0% -
Rate between ET and UEL
(not contracted-out)
11% 11% -
Rate in excess of UEL 1% 1% -
Rate between ET and UEL (contracted-out) 9.4% 9.4% -
Upper earnings limit (UEL) £610 per wk £595 per wk 15
Earnings threshold (ET) £91 per week £89 per wk 2
Rate above ET
(not contracted-out)
12.8% 12.8% -
Rate between ET and UEL
(contracted-out)
9.3% 9.3% -
Rate in excess of UEL 12.8% 12.8% -
Rate 12.8% 12.8% -
Other taxed benefits in kind 12.8% 12.8% -
Rate 12.8% 12.8% -
Main rate £2.05 per wk £2.00 per wk 0.05
Small earnings exception limit £4,215 pa £4,095 pa 230
Flat rate £7.15 per wk £6.95 per wk 0.20
Rate LPL - UPL 8% 8% -
Rate in excess of LPL 1% 1% -
Lower profits limit (LPL) £4,745 pa £4,615 pa 130
Upper profits limit (UPL) £31,720 pa £30,940 pa 780