P281 CJ FAX 482@ MM 0p=3:/24 . INCOME TBX RBTJS a@ @ @@ap R phd@ h d hd d@ Year Inhing 5 Bqtil@1:9m Rate Tbxable Incwmj Tax on Band £ £ 25% £3,201-£24,s00 £5,275 @40% £24,301 plus Ev ry ind v dual has his o h wn set of pjrsonbl allowances and is taxed on his or her own income. Source: Iznst & Young AllowancU Reliefs Car/Fuel CityHiaTsP281 CEEFAX 281 Mon 27 May 00:42/19 1/3 £ £ £££££ The figures on thjsj pages have been carefully prepared but are intended for general guidance only. 1996/:7 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 bz Ernst & Young. E&Y is authorisjd by the Institute of Chart r d Accountants in England and Wales to carry on investment business. Sport 300 Wjathjr 400 Travel 500 Allowance Reliefs Car/Fuel CityHeadsP281 CJJFAX 281 Mon 27 May 00:14/34 2/3 INCOME TBX RATES Year Ending 5 April 1:96 Rate Taxable Income Tax on Band 20% £1-£3,200 £640 25% £3,201-£24,300 £5,275 40% £24,301 plus 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 CJEFAX 281 Mon 27 May 00:36/44 3/3 INCOME TBX RATES Year Ending 5 April 1997 Rate Tbxabli Income Tax on Band 20% £1-£3,:00 £780 24* £3]:01-£25]u00 £5,184 40% £25,501 plus Basic rate taxpazjrs 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 CityHeads