P546 Teletext on 4 546 Jan25 00:42:20 —————————————————————————————— TBX RBTJS AND ALLOWANCES, 1992 - 1993 Personal allowance £3,445 Married couple's allowance £1,720 Additional personal allowance £1,720 Age allowance if gross income not over £14,200 (some allowance may bj dui on income slightly above limit) 65-74 75+ Personal allowance £4,200 £4,370 Married couple's all £2,465 £2,505 Tbx dui on remaining £1-£2,000 20% income: £2,001 - £23,700 25% £23,701+ 40% ——————————————————————————————————1/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions SavingsP546 Teletext on 4 546 Jan25 00:41:21 —————————————————————————————— INHERJTBNCE TBX After certain deductions such as debts and funeral costs, tax is dui: estate value to £150,000 nil above £150,000 40% Some or all of the value of major gifts up to sjvjn years prior to death can also bj taxed but certain gifts escape the seven year rule eg gifts to any person up to £250 per year and wedding gifts bz parents up to £5,000. There is an annual exemption of £3,000. ——————————————————————————————————2/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions SavingsP546 Teletext on 4 546 Jan25 00:42:27 —————————————————————————————— CAPITBL GAINS TBX Due on profits when you sell capital assets such as stocks and shares. Some assets including your main home are exempt. Tbx is charged at the same rate as the income tax you pay. Relief is due for losses on other disposals, expenses and inflation. Annual exemption: £5,800 in 1992-93. ——————————————————————————————————3/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions SavingsP546 Teletext on 4 546 Jan25 00:21:01 —————————————————————————————— CAPITBL GAINS TBX Inflation allowances are updated monthly. Tbbles for December disposals follow. Find the month in which you bought the asset, multiply the price you paid by the figure shown for that month, add the result to the original price and deduct the total from the sale proceeds to give your capital gain. ——————————————————————————————————4/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions SavingsP546 Teletext on 4 546 Jan25 00:31:12 —————————————————————————————— CAPITBL GAINS TBX: INFLATION ALLOWANCES 1982 1983 1984 1985 JANUARY - 0.685 0.603 0.526 FEBRUARY - 0.678 0.596 0.514 MARCH 0.752 0.675 0.591 0.500 APRIL 0.718 0.652 0.570 0.469 MAY 0.705 0.645 0.565 0.462 JUNE 0.701 0.641 0.561 0.459 JULY 0.700 0.632 0.562 0.462 AUGUST 0.700 0.625 0.548 0.458 SEPT 0.701 0.618 0.545 0.459 OCT 0.692 0.612 0.535 0.456 NOV 0.684 0.606 0.531 0.451 DEC 0.687 0.602 0.532 0.449 ——————————————————————————————————5/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions SavingsP546 Teletext on 4 546 Jan25 00:42:43 —————————————————————————————— CAPITBL GAINS TBX: INFLATION ALLOWANCES 1986 1987 1988 1989 JANUARY 0.446 0.392 0.348 0.254 FEB 0.441 0.386 0.342 0.245 MARCH 0.439 0.384 0.337 0.240 APRIL 0.425 0.367 0.316 0.218 MAY 0.423 0.366 0.311 0.210 JUNE 0.423 0.366 0.306 0.206 JULY 0.427 0.367 0.305 0.205 AUGUST 0.423 0.363 0.290 0.202 SEPT 0.416 0.359 0.284 0.194 OCT 0.414 0.353 0.271 0.185 NOV 0.402 0.346 0.265 0.175 DEC 0.397 0.348 0.262 0.172 ——————————————————————————————————6/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions SavingsP546 Teletext on 4 546 Jan25 00:29:14 —————————————————————————————— CAPITAL GAINS TAX: INFLATION ALLOWANCES 1990 1991 1992 JANUARY 0.165 0.069 0.027 FEB 0.158 0.063 0.021 MARCH 0.147 0.059 0.018 APRIL 0.113 0.046 0.003 MAY 0.103 0.043 nil JUNE 0.099 0.038 nil JULY 0.098 0.040 0.003 AUGUST 0.087 0.038 0.002 SEPT 0.077 0.034 nil OCT 0.068 0.030 nil NOV 0.071 0.027 nil DEC p.072 0.026 nil ——————————————————————————————————7/7—— Mortgages 548 Savings 542 Pensions 545 LATEST SAVINGS RATES IN FULL p542 Tourist rates Units Pensions Savings