What were the tax rates in 2012?
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| Tax Bracket | Married Filing Jointly | Single |
|---|---|---|
| 10% Bracket | $0 – $17,400 | $0 – $8,700 |
| 15% Bracket | $17,400 – $70,700 | $8,700 – $35,350 |
| 25% Bracket | $70,700 – $142,700 | $35,350 – $85,650 |
| 28% Bracket | $142,700 – $217,450 | $85,650 – $178,650 |
What is the UK tax and NI rate?
nothing on the first £184. 12% (£93.96) on your earnings between £184.01 and £967. 2% (£0.66) on the remaining earnings above £967.
What was the personal allowance for 2014 15?
The Coalition Government objective of increasing the personal allowance to £10,000 was achieved one year ahead of schedule in 2014-15. Budget 2014 announced that the personal allowance would be increased to £10,500 for 2015-16. This measure goes further by increasing the personal allowance to £10,600 for 2015-16.
What is the highest tax bracket in 2012?
2012 Federal Income Tax Rates
| If your taxable income is over | But not over | The tax is |
|---|---|---|
| $8,700 | $35,530 | $870 + 15% |
| $35,530 | $85,650 | $4,867.50 + 25% |
| $85,650 | $178,650 | $17,442.50 + 28% |
| $178,650 | $388,350 | $43,482.50 + 33% |
What percentage is tax and NI UK 2021?
If you earn more, you’ll pay 12% of your earnings between £9,568 and £50,270. You’ll pay 2% on any earnings above £50,270….National Insurance rates 2021-22.
| Employed | |
|---|---|
| Less than £6,515 | 0% |
| £6,515-£9,568 | £3.05 per week |
| £9,568-£50,270 | 9% + £3.05 per week |
| More than £50,270 | 2% + £3.05 per week |
What are the income tax rates for 2012-13?
INCOME TAX RATES Individuals 2012-13 2011-12 Starting rate of 10% on savings income up to * £2,710 £2,560 Basic rate of 20% on income up to £34,370 £35,000 Higher rate of 40% on income £34,371-£150,000 £35,001 – £150,000 Additional rate of 50% on income over £150,000 £150,000 Dividends for: Basic rate taxpayers 10% 10%
What is the tax rate for Class 2 in the UK?
The employers’ NIC rate is 13.8% on weekly earnings above £144. The employees’ NIC rate is 12% on earnings between £146.01 and £817 per week, and 2% on earnings above £817 per week. Class 2 NICs are £2.65 per week for the 2012/13 tax year.
What is the tax rate for an employee in the UK?
The employees’ NIC rate is 12% on earnings between £146.01 and £817 per week, and 2% on earnings above £817 per week. Class 2 NICs are £2.65 per week for the 2012/13 tax year. Class 4 NICs are 9% of annual profits between £7,605 and £42,475 per year, and 2% on profits above £42,475 per year.
When did RPI go up for 2012-13 tax year?
Employees’ primary Class 1 rate between primary threshold and upper earnings limit Married women’s reduced rate between primary threshold and upper earnings limit Budget 2011 abolished the planned 1p per litre Fuel Duty escalator and announced the 2012-13 RPI increase will be deferred from April 2012 to August 2012.
