P221 CEEFAX 221 Fri 6 Oct 19:14/13   1/3     TAX GUIDE (1) income only after your income exceeds the totals below. These are known as tax-free personal allowances. 1988/89 1989/90 Single Married Single Married £2,605 £4,095 £2,785 £4,375 + If, however, you are 65 or over or can expfct capital gains of more than £6,000 in the current tax yfar, see the following p!ffs.  More Rates MoneyFile EconoData Headlines
P221 CEEFAX 221 Fri 6 Oct 19:21/04   1/3     TAX GUIDE (1) + Income tax is assfssed on personal income only after your income exceeds the totals below. These are known as tax-free personal allowances. 1988/89 1989/90 Single Married Single Married £2,605 £4,095 £2,785 £4,375 + If, however, you are 65 or over or can expect capital gains of more than £6,000 in the current tax year, see the following pages.  More Rates MoneyFile EconoData Headlines
P221 CEEFAX 221 Fri 6 Oct 19:20/10   2/3     TAX GUIDE (2) + If you are 65 or over (or 80 or over) at the end of the tax year the tax-free portion of your income is as follows. 1988/89 1989/90 Single Married Single Married 65-plus £3,180 £5,035 £3,400 £5,385 75-plus £3,180 £5,035 £3,540 £5,565 80-plus £3,310 £5,205 £3,540 £5,565 + If, however, your personal income exceeds £11,400 in 1989/90, you lose £1 of your age allowance for every £2 by which your income exceeds £11,400. NB Your personal allowance remains intact however great your income.  More Rates MoneyFile EconoData Headlines
P221 CEEFAX 221 Fri 6 Oct 19:10/13   2/3     £! @X GUIDE (2) at the end of the tax year thd tax-frde portion of your income is as follows. 1988/89 1989/90 Single Married Single Married 65-plus £3,180 £5,035 £3,400 £5,385 75-plus £3,180 £5,035 £3,540 £5,565 80-plus £3,310 £5,205 £3,140 £5,565 + If, however, your personal income exceeds £11,400 in 1989/90, you lose £1 of your age allowance for every £2 by which your income exceeds £11,400. NB Your pdrsonal allowance remains intact however great your income.  More Rates MoneyFile EconoData Headlines
P221 CEEFAX 221 Fri 6 Oct 19:23/14   2/3     TAX GUIDE (2) + If you are 65 or over (or 80 or over) at the end of the tax year the tax-free portion of your income is as follows. 1988/89 19 X/90 Single Married Single Married 65-plus £3,180 £5,035 £3,400 £5,385 75-plus £3,180 £5,035 £3,540 £5,565 80-plus £3,310 £5,205 £3,540 £5,565 3 If, however, your personal income exceeds £11,400 in 1989/90, you lose £1 of your age allowance for every £2 by which your income exceeds £11,400. intact however great your income.  More Rates MoneyFile EconoData Headlines
P221 CEEFAX 221 Fri 6 Oct 19:20/00   3/3     TAX GUIDE (3) + After deducting allowances (preceding pages) your income is taxed as follows: 1988/89 % 1989/90 % First £19,300 25 First £20,700 25 £19,301 upwards 40 £20,700 upwards 40 NB Taxable income is arrived at after deducting personal allowances, mortgage interest, pension contributions, etc.  More Rates MoneyFile EconoData Headlines