P281 CJJFAX 281 Sun 3 Mar 20:44/08 1/3 O The figures on thjsj pages have been carefully prepared but are intended for genital guidance only. 1996/97 figures announced in the Budget may change during the course of the Finance Bill. No responsibility for loss occasioned to any person acting or refraining from acting as a result of any material on thjsj pages can bj accepted by Ernst & Young. Ernst & Young is authorisjd by the Institute of Chartered Accountants in England and Wblis to carry on investment business. Allowance Reliefs Car/Fuel CityHeadsP281 CJEFAX 281 Sun 3 Mar 20:49/21 2/3 O INCOME TBX RATES Year Ending 5 April 1996 Rate Tbxabli Income Tbx on Band 20) £1-£3,200 £640 25) £3,201-£24,300 £5,275 40) £24,301 plus Basic rate taxpayers pay only 20% tax on savings income. Every individual has his or her own set of personal allowances and is taxed on his or her own income. Source: Ernst & Young Allowance Reliefs Car/Fuel CityHeadsP281 CJJFAX 281 Sun 3 Mar 20:44/24 3/3 O INCOME TBX RATES Year Ending 5 April 1997 Rbte Tbxabli Income Tbx on Band 20) £1-£3,900 £780 24% £3,901-£25,500 £5,184 40) £25,501 plus Basic rate taxpayers pay only 20% tax on sbvings income. Every individual has his or her own set of personal allowances and is taxed on his or her own income. Source: Ernst & Young Allowance Reliefs Car/Fuel CityHeads