| 2007~08 | 2006~07 | Increase | ||
| Personal allowance | £5,225 | £5,035 | 190 | |
| Blind person's allowance | £1,730 | £1,660 | 70 | |
| Age allowance income limit | £20,900 | £20,100 | 800 | |
| Age related allowances | ||||
| Personal allowance | 65 - 74 | £7,550 | £7,280 | 270 |
| Personal allowance | 75+ | £7,690 | £7,420 | 270 |
| Married couple's allowance | DOB prior 6/4/1935 | £6,285 | £6,065 | 220 |
| Married couple's allowance | 75+ | £6,365 | £6,135 | 230 |
| Minimum married couple allowance | £2,440 | £2,350 | 90 | |
| 2006~07 | 2005~06 | Increase | |||||
| Lower rate | from | 10% | £0 | 10% | £0 | - | - |
| to | £2,230 | £2,150 | 80 | ||||
| Savings | |||||||
| Dividends | |||||||
| Basic rate | from | 22% | £2,231 | 22% | £2,151 | - | 80 |
| to | £34,600 | £33,300 | 1300 | ||||
| Savings | 20% | 20% | - | ||||
| Dividends | 10% | 10% | - | ||||
| Higher rate | from | 40% | £34,601 | 40% | £33,301 | - | 1300 |
| Savings | 40% | 40% | - | ||||
| Dividends | 32.5% | 32.5% | - | ||||
| 2006~07 | 2005~06 | Increase | |
| Class 1 - employee | |||
| Lower earnings limit (LEL) | £87 per wk | £84 per wk | 3 |
| Employees earnings threshold (ET) | £100 per wk | £97 per wk | 3 |
| 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) | £670 per wk | £645 per wk | 25 |
| Class 1 - employer | |||
| Earnings threshold (ET) | £100 per wk | £97 per wk | 3 |
| Rate above ET (not contracted-out) |
12.8% | 12.8% | - |
| Rate between ET and UEL (contracted-out) |
9.1% | 9.3% | -0.2% |
| Rate in excess of UEL (contracted-out) |
12.8% | 12.8% | - |
| Class 1A | |||
| Rate | 12.8% | 12.8% | - |
| Other taxed benefits in kind | 12.8% | 12.8% | - |
| Class 1B | |||
| Rate | 12.8% | 12.8% | - |
| Class 2 | |||
| Main rate | £2.20 per wk | £2.10 per wk | 0.10 |
| Small earnings exception limit | £4,895 pa | £4,465 pa | 430 |
| Class 3: voluntary contribution | |||
| Flat rate | £7.80 per wk | £7.55 per wk | 0.25 |
| Class 4: self employed on profits | |||
| Rate between LPL and UPL | 8% | 8% | - |
| Rate in excess of UPL | 1% | 1% | - |
| Lower profits limit (LPL) | £5,225 pa | £5,035 pa | 190 |
| Upper profits limit (UPL) | £34,840 pa | £33,540 pa | 1300 |