Adjustment to 26,500 basic-rate band for personal pension contributions paid net, FSAVCs and corresponding deficiency relief:
|
xvar0 |
|
| |
Income |
Deductions |
Taxable |
Starting-rate band
(first £1,500) |
Adjusted basic-rate band |
Higher-rate
band |
| |
|
|
|
|
xvar1 |
Over £28,000 |
Non-savings income |
xvar2 |
xvar3 |
xvar4 |
xvar5 |
xvar6 |
xvar7 |
Savings income |
xvar8 |
xvar9 |
xvar10 |
xvar11 |
xvar12 |
xvar13 |
Dividends |
xvar14 |
xvar15 |
xvar16 |
xvar17 |
xvar18 |
xvar19 |
Lump sums etc |
xvar20 |
xvar21 |
xvar22 |
xvar23 |
xvar24 |
xvar25 |
Life insurance gains with notional tax |
xvar26 |
xvar27 |
xvar28 |
xvar29 |
xvar30 |
xvar31 |
Total income |
xvar32 |
|
|
|
|
|
| |
|
|
| |
|
|
|
|
|
|
Working out the tax |
Non-savings income (includes lump sums and life insurance gains) |
10% tax on |
xvar33 |
= |
xvar34 |
(C6.22) |
| |
|
23% tax on |
xvar35 |
= |
xvar36 |
(C6.23) |
| |
|
40% tax on |
xvar37 |
= |
xvar38 |
(C6.24) |
Savings income (except dividends) |
10% tax on |
xvar39 |
= |
xvar40 |
(C6.25) |
| |
|
20% tax on |
xvar41 |
= |
xvar42 |
(C6.26) |
| |
|
40% tax on |
xvar43 |
= |
xvar44 |
(C6.27) |
Dividend income |
10% tax on |
xvar45 |
= |
xvar46 |
(C6.28) |
| |
|
32.5% tax on |
xvar47 |
= |
xvar48 |
(C6.29) |
Income tax |
|
|
|
|
xvar49 |
(C6.31) |
|