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Interest Income Tax Rates 2011/2012

This table needs to be read with the personal tax calculation explanation.

 

  Earned Income Tax Rate Pre-Paid To Pay
Basic rate tax Up to £35,000 20% 20% 0%
Higher rate tax payer £35,001 to £150,000 40% 20% 20%
Additional rate tax More than £150,000 50% 20% 30%