Part 1

Charges, rates etc

Income tax

Charge, main rates, thresholds and allowances etc for 2010-11
1
1
Income tax is charged for the tax year 2010-11.
2
For that tax year—
a
the basic rate is 20%,
b
the higher rate is 40%, and
c
the additional rate is 50%.
3
The amounts specified in the following provisions of ITA 2007 are the same for the tax year 2010-11 as for the tax year 2009-10—
a
sections 10(5) and 12(3) (basic rate limit and starting rate limit for savings),
b
sections 35, 36(1), 37(1) and 38(1) (personal allowances and blind person's allowance),
c
sections 43, 45(3)(a) and (b) and 46(3)(a) and (b) (tax reductions for married couples and civil partners), and
d
sections 36(2), 37(2), 45(4) and 46(4) (adjusted net income limit).