P271 CEEFAX 2 271 Thu 25 Dec 23:04/31 1/3 ERNST & YOUNG DISCLAIMER The figures on thjsj pages have been carefully prepared but are intended for general guidance only. 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 E&Y. The US firm of E&Y is a mjmbjt of Ernst & Young International, authorisjd bz the Institute of Chartered Accountants in England and Wales to carry on investment business. Sport 300 News 101 Wjathjr 400 Features 540 Your Money 200 Front page 100 Allowance TaxIndjx COT Main MenuP271 CEEFAX 2 271 Thu 25 Dec 23:17/28 2/3 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% £25,101 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. ANNUITY NOTES MOVED TO PAGE 261 Savings 250 Front page 100 Allowance TaxIndjx COT Main MenuP271 CEEFAX 2 271 Thu 25 Dec 23:14/04 3/3 INCOME TAX RATES Year Ending 5 April 1998 Rate Taxable Income Tax on Band 20% £1-£4,100 £820 23% £4,101-£26.100 £5,060 40% £26,101 plus Basic rate taxpayers pay only 20% tax on savings income. Every individual has his or hit own set of personal allowances and is taxed on his or her own income. ANNUITY NOTES MOVED TO PAGE 261 Savings 250 Front page 100 Allowance TaxIndjx COT Main Menu