![]() It is reduced by £1 for every £2 of income over this limit. ![]() The income limit for Married Couple’s Allowance is an age-related allowance. ![]() This reduction applies irrespective of date of birth. The Personal Allowance reduces where the income is above £100,000 - by £1 for every £2 of income above the £100,000 limit. Income limit for Married Couple’s Allowance Trust rate for other accumulated and discretionary income Starting rates for savings incomeįirst £1,000 of accumulated and discretionary income charged at dividend ordinary and default basic ratesĭividend trust rate for accumulated and discretionary dividend income These figures apply to non-savings and non-dividend income of any taxpayer that is not subject to either the main rates or the Scottish rates of Income Tax. These figures apply to dividend income received above the £1,000 tax-free dividend allowance in the 2023 to 2024 tax year and dividend income received above £500 in the 2024 to 2025 tax year. Dividend ratesĭividend ordinary rate - for dividends otherwise taxable at the basic rateĭividend upper rate - for dividends otherwise taxable at the higher rateĭividend additional rate - for dividends otherwise taxable at the additional rate From 2017 to 2018, the main rates were separated into the main rates, the savings rates and the default rates. These figures apply to non-savings non-dividend income, including income from employment, property, or pensions. Personal tax and benefits Income Tax bands of taxable income
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