P2b1 CJJFAX 221 Sun 22 Dec 22:46/07
P2b1 CJJFAX 221 Sun 22 Dec 21:43/k9
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TAX GUIDE (2)
+ If you are 65 or over at the end of
the tax year, the tax-free portion of
your income is as follows.
1984/85 1985/86
Single Married Single Married
£2,490 £3,955 £2,690 £4,255
+ If, however, your personal income
exceeds £8,800 in 1985/86, you lose £2
of your age allowance for every £3 by
which your income exceeds £8,800.
NB Your personal allowance remains
intact however great your income.
+ Check next page for your tax bracket.
More
P2b1 CJJFAX 221 Sun 22 Dec 22:31/51
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TAX GUIDE (3)
+ Aft r deduct n a lowanc ( r d
pag s your incom i taxed as follow :
1984/8 1985/86 %
First £15,400 30 First £16,200 30
£1 ,401-£18,2 0 4 £16,201 £19,200 40
£18,201-£23, 0 45 £19,201-£24,400 45
£23, 01-£30,600 50 £24,401-£32,300 50
£30,601-£38,1 0 55 £3 ,301-£40,200 55
£38,101 pwards 60 £40,201 upwards 60
B ax bl inc mj i ar d t
d ducting p rsonal allowanc , mo tga j
inter t, pjnsi n cont b t n , t
Mot