tax rates

[bricro]

Can someone please tell me about the 10% tax rate on income. Is it still in force and how does it work.?

Many thanks Bricro.

[factor-fiction]

There is no longer a 10% taxate on income. There is a 10 per cent starting rate for the first �2440 savings income only, but if your non-savings income is above this limit (�2440) then the 10 per cent starting rate for savings will not apply.

[factor-fiction]

http://www.hmrc.gov.uk/rates/it.htm

[bricro]

Thank you all,
Bricro.