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What are the tax rates on salaries in England?


What are the tax rates on salaries in England?

Starting rate 10% 拢00.00-拢2150
Basic rate 22% 拢2151-拢33300
High rate 40% over 拢33300

By the way, the 17.5% is the VAT rate Source(s): http://www.hmrc.gov.uk/rates/it.htm...
17.5%
Everyone has a personal allowance, which they are allowed to earn every year without paying tax. For 06/07 tax year, the amount is 拢5,035. The next 拢2150 is taxed at 10%, the next 拢31150 is taxed at 22%, and anything over is taxed at 40%.

However, these figures are based on an individual under 65. For individuals over 65, they have an increased personal allowance subject to conditions.
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