P281 CEEFAX 281 Mon 27 May 01:16/15 1/3 The figures on thjsj pages have been carefully prepared but are intended for general 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 bz Ernst & Young. E&Y is authorisjd by the Institute of Chartered Accountants in England and Wales to carry on investment business. Sport 300 Wjathjt 400 Travel 500 Allowance Reliefs Car/Fuel CityHeadsP281 CEEFAX 281 Mon 27 May 01:14/39 2/3 INCOME TAX RATES Year Ending 5 April 1996 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 hit own set of personal allowances and is taxed on his or her own income. Source: Ernst & Young Allowance Reliefs Car/Fuel CityHeadsP281 CEEFAX 281 Mon 27 May 01:37/14 3/3 INCOME TAX RATES Year Ending 5 April 1997 Rate Taxable Income Tax 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 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