P269 CEJFAX 269 $ue 30 May 19:12/52 6AX$gUIDE OOOO "k ct@dUal aNd oN sNYj truth dealsLa gif , gn t w nu gf v t1 u Tax is pbid by the donor {hen the 0 Th b j ta ra s vj pl d 3incj 9W3/95 1nd0arj: To £1:0m001 0) Over 151I010@ 40) hold up to £154,000 in 1995 Tapering relief for charges og 0 0 gifts within 3j6en yjar2 kf dr th: YUar3 0-3a3-4 4-5 5I6 6-7 E pbya i 100 8p 60 4 p R 2 p Ann5ities Ecenwmy CityHeads Be1tRate1P269 CEEFAX 269 Tue 30 May 19:19/15 W] 2/6 W AXGJDE W 7£££££ £ ££££££ £££££££££££££££ ££ £k "EXJMPTRONS FROM INHERJTBNCE TcX Gift per donor pa £3,000 Gifts 0ku dgneu 01250 1 aphpftom xbrmnt p p R £5,0901 ph 0 from grandparent £2,500 "5 from othjt £1,000 Ghfis tV indi6idual2 and cdutpig trusts over 7 9jars befmrj death. No IH$ iu pa:able on transfers to Q 3u5vivULV rpouve-@@ j p Source: Blay's Guides bP269 CEEFAX 269 Tue 30 May 19:18/03 ] 4/6 O T X GUIDE PERSONAL ALLOWBNCES In yr to 5 April Age 1995 1996 Personal <65 £3,445 £3,525 Married Couple <65 £1,720 £1,720 Personal * 65-74 £4,200 £4,630 Married Couple* 65-74 £2,665 £2,995 35 i 2 Personal * >75 £4,370 £4,800 Married Couple* >75 £2,705 £3,035 MC's relief restricted to 20% for 1 94/5 and to 15 199 /6 Age allowanc r duc d b 1 f j evjty £2 of income >£14,200 to a minimum of basic £3,445 and £1,720. P269 CEEFAX 269 Tue 30 May 19:19/28 TANN5ITJE U S A Expl TatoiyPnJL 9 d Cddawl rr rcj t £1,72 2 Rdditional P rs nal 272 Cov sank y Par h s £1,u20 Baihd Fkman CI p t nimit 0 0 £ 0,270 p1 P r p i Radundancy pot emt £30, 0 Prev t m d ca insuranc fn o 6n i g Charitable donations Annuity R e Tren s ppppppppppppp pappppppppppp p 8pp Notes CPA Mmn0 CP— Women CP— JotnsP269 CJJFAX 269 Tue 30 May 19:29/57 6/6 n2n1 / 6 X ££ £££££££££k INCOME TAX £0-£3,s00 $£a-£3,2n0 % £3,001-£23,700 £3,201—£24,300 25% ovjp £23,700 over £24,300 40% Husband & wPfr aas tamed sjpar rely on their income. Both ha6e per onal and inv stmjnt allowance . Bafor n April each year married couples can give notice to share the MCA equally or to allocate iu all to one)of them. Ta|1bne incomk is income less personal allowance5. 5 ] Source: Blay's Guides Annuities Economy CitzHeads BestRateu