P2b1 CJJFAX 221 Tue 19 Jun 21:19/16 1/3 J + Income tax is assessed on personal income l aft yo r inc m ex d the totals below. These are known as tax-free personal allowances. 1983O84 1984/85 Single Married Single Married £1,78ka £2,795 £2,00u £3,155 + If, however, you are 65 or over or have an Snvjstmjnt income of more than £8,100 pa, sj the f llow n pa . MoreP2b1 CJJFAX 221 Tue 19 Jun 21:11/40 2/3 TAX GUIDE X2) + If you are 65 or over at the end of the tax year, the tax-free portion of your income is increased to the totals below. 1983/84 1984/85 Single Married Shngle Married £2,360 £3,755 £2,490 p£3,955 + If, however, your personal income exceeds £8,100 in 1984/85, you lose £2 of your age allowance for every £3 by which your income exceeds £8,100. NB Your personal allowance remains intact however great your income. + Check next page for your tax bracket. MoreP2b1 CJJFAX 221 Tue 191Jun 21:21/23 3/3 TAX GUIDE (3) + After deducting allowances (see next pagjQ your income is taxed as follows: 1983/84 % 1984/85 % First £14,600 30 First £15,400 30 £14,601-£17,200 40 £15,401-£18,200 40 £17,201-£21,800 4k £18,201-£23,100 45 £21,801-£28,900 50 £23,101-£30,600 50 £28,;01-£36,000 55 £30,601-£38,100 55 £36,001 upwards 60 £38,100 upwards 60 + hj inv stment income surcharg , which was applied at a rate of 15pc on all investment income ov £7,100 pj annum, has now bj n abolished. )a More