What are the tax, NICs and statutory payments rates and thresholds for earlier years?
Income tax rates and thresholds
|
| Basic rate, 20%
| Higher rate, 40%
|
|
| 2008/09
| £0 - £34,800
| Over £34,800
|
|
|
| Starting rate, 10%
Basic rate, 22%
Higher rate, 40%
| 2007/08
| £0 - £2,230
£0 - £2,230
Over £34,600
| 2006/07
| £ 0 - £ 2,150
£ 2,150 - £ 33,300
Over £ 33,300
| 2005/06
| £ 0 - £ 2,090
£ 2,090 - £ 32,400
Over £ 32,400
| 2004/05
| £ 0 - £ 2,020
£ 2,020 - £ 31,400
Over £ 31,400
| 2003/04
| £ 0 - £ 1,960
£ 1,960 - £ 30,500
Over £ 30,500
| 2002/03
| £ 0 - £ 1,920
£ 1,920 - £ 29,900
Over £ 29,900
| 2001/02
| £ 0 - £ 1,880
£ 1,880 - £ 29,400
Over £ 29,400
| 2000/01
| £ 0 - £ 1,520
£ 1,520 - £ 28,400
| Over £ 28,400
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
Income tax allowances
|
| Emergency Tax Code
| Personal allowance
| Blind person's allowance
| Married couple's allowance
|
| up to age 65
| age 65-74
| from age 75
| up to age 75
| from age 75
|
| 2008/09
| 603L
£6,035
£9,030
£9,180
£1,800
£6,535
£6,625
| 2007/08
| 522L
£5,225
£7,550
£7,690
£1,730
£6,285
£6,365
| 2006/07
| 503L
£ 5,035
£ 7,280
£ 7,420
£ 1,660
£ 6,065
£ 6,135
| 2005/06
| 489L
£ 4,895
£ 7,090
£ 7,220
£ 1,610
£ 5,905
£ 5,975
| 2004/05
| 474L
£ 4,745
£ 6,830
£ 6,950
£ 1,560
£ 5,725
£ 5,795
| 2003/04
| 461L
£ 4,615
£ 6,610
£ 6,720
£ 1,510
£ 5,565
£ 5,635
| 2002/03
| 461L
£ 4,615
£ 6,100
£ 6,370
£ 1,480
£ 5,465
£ 5,535
| 2001/02
| 453L
£ 4,535
£ 5,990
£ 6,260
£ 1,450
£ 5,365
£ 5,435
| 2000/01
| 438L
£ 4,385
£ 5,790
£ 6,050
£ 1,400
£ 5,185
| £ 5,225
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
NICs thresholds
|
| Lower Earnings Limit
Earnings Threshold
Upper Earnings Limit
| 2008/09
| £90
£105
£770
| 2007/08
| £87
£100
£670
| 2006/07
| £ 84
£ 97
£ 645
| 2005/06
| £ 82
£ 94
£ 630
| 2004/05
| £ 79
£ 91
£ 610
| 2003/04
| £ 77
£ 89
£ 595
| 2002/03
| £ 75
£ 89
£ 585
| 2001/02
| £ 72
£ 87
£ 575
| 2000/01
| £ 67
£ 76/£ 84
| £ 535
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
NICs contracting-out rebates
|
| Contracted-out Salary Related schemes
Contracted-out Money Purchase schemes
Employer
Employee
Total
Employer
Employee
Total
| 2008/09
| 3.7%
1.6%
5.3%
1.4%
1.6%
3.0%
| 2007/08
| 3.7%
3.7%
5.3%
1.4%
1.6%
3.0%
| 2006/07
| 3.5%
1.6%
5.1%
1.0%
1.6%
2.6%
| 2005/06
| 3.5%
1.6%
5.1%
1.0%
1.6%
2.6%
| 2004/05
| 3.5%
1.6%
5.1%
1.0%
1.6%
2.6%
| 2003/04
| 3.5%
1.6%
5.1%
1.0%
1.6%
2.6%
| 2002/03
| 3.5%
1.6%
5.1%
1.0%
1.6%
2.6%
| 2001/02
| 3.0%
1.6%
4.6%
0.6%
1.6%
2.2%
| 2000/01
| 3.0%
1.6%
4.6%
0.6%
1.6%
| 2.2%
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
NICs rates - Employer Contributions
|
| Not Contracted-out
Contracted-out Salary Related
Contracted-out Money Purchase
| 2008/09
| 12.8%
9.1%
11.4%
| 2007/08
| 12.8%
9.1%
11.4%
| 2006/07
| 12.8%
9.3%
11.8%
| 2005/06
| 12.8%
9.3%
11.8%
| 2004/05
| 12.8%
9.3%
11.8%
| 2003/04
| 12.8%
9.3%
11.8%
| 2002/03
| 11.8%
8.3%
10.8%
| 2001/02
| 11.9%
8.9%
11.3%
| 2000/01
| 12.2%
9.2%
| 11.6%
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
NICs rates - Employee Contributions
|
| Not Contracted-out
Contracted-out
Reduced Rate
Deferred Rate
| 2008/09
| 11.0%
9.4%
4.85%
1.0%
| 2007/08
| 11.0%
9.4%
4.85%
1.0%
| 2006/07
| 11.0%
9.4%
4.85%
1.0%
| 2005/06
| 11.0%
9.4%
4.85%
1.0%
| 2004/05
| 11.0%
9.4%
4.85%
1.0%
| 2003/04
| 11.0%
9.4%
4.85%
1.0%
| 2002/03
| 10.0%
8.4%
3.85%
0.0%
| 2001/02
| 10.0%
8.4%
3.85%
0.0%
| 2000/01
| 10.0%
8.4%
3.85%
| 0.0%
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Statutory Payments
|
| Statutory Redundancy Pay
Statutory Sick Pay
Statutory Maternity/Paternity*/Adoption Pay*
Rate
Recovery
SER
Threshold
| 2008/09
| £330
£75.40
£117.18
92%
104½%
£45,000
| 2007/08
| £310
£72.55
£112.75
92%
104½%
£45,000
| 2006/07
| £ 290
£ 70.05
£ 108.85
92%
104½ %
£ 45,000
| 2005/06
| £ 280
£ 68.20
£ 106.00
92%
104½ %
£ 45,000
| 2004/05
| £ 270
£ 66.15
£ 102.80
92%
104½ %
£ 45,000
| 2003/04
| £ 260
£ 64.35
£ 100.00
92%
104½ %
£ 40,000
| 2002/03
| £ 250
£ 63.25
£ 75.00
92%
104½ %
£ 40,000
| 2001/02
| £ 240
£ 62.20
£ 62.20
92%
105%
£ 20,000
| 2000/01
| £ 230
£ 60.20
£ 60.20
92%
105%
| £ 20,000
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
*SPP and SAP introduced from April 2003
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