P548 Teletext 548 Oct28 21:40:01          ——————— CGT: INFLATION ALLOWANCE —————— 1987 1988 1989 1990 1991 Jan 0.538 0.489 0.386 0.287 0.181 Feb 0.532 0.483 0.376 0.280 0.175 March 0.529 0.477 0.370 0.267 0.170 April 0.511 0.454 0.346 0.229 0.156 May 0.509 0.448 0.337 0.219 0.152 June 0.509 0.443 0.333 0.214 0.147 July 0.511 0.441 0.332 0.213 0.149 Aug 0.506 0.425 0.328 0.201 0.147 Sept 0.502 0.419 0.319 0.189 0.143 Oct 0.495 0.405 0.309 0.180 0.138 Nov 0.487 0.398 0.298 0.183 0.134 Dec 0.489 0.394 0.295 0.184 0.133 ——————————————————————————————————0/14 September disposal tables follow >>> ALL ABOUT YOUR MONEY p542 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:50:11          —— TAX ALLOWANCES:POST-BUDGET ————————— Main changes announced in the Budget: basic rate tax down to 24p in the £1 MIRAS unchanged at 15% married couple's allowance up £70 at £1,790 but remains at 15% relief personal allowances up £240 each 40% tax threshold up £1,200 @ £25,500 20% tax threshold up £700 @ £3,900 long-term care insurance schemes monthly contributions tax-exempt savers pay 5% less tax on interest ——————————————————————————————————1/14— What tax rate should you be paying? >> Download and Analyse Share Prices on Your PC See Pages 532 & 533 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:51:10          —— TAX RATES: POST-BUDGET ————————————— All money earned after your personal allowance is subject to tax at 3 rates: TAX pre-Budget post-Budget 20% £1-£3,200 £1-£3,900 25% £3,201-£24,300 £3,901-£25,500 40% £24,301+ £25,501+ If you think you are paying too much or too little tax refer to your local tax office or if necessary your accountant. ——————————————————————————————————2/14— Do you understand your tax code? >>>> Download and Analyse Share Prices on Your PC See Pages 532 & 533 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:40:01  V        —— TAX ALLOWANCES: POST-BUDGET ———————— TYPE 1994/1 1995/6 1996/7 Under 65 £3,445 £3,125 £3,765 Age 65-74 £4,200 £4,630 £4,910 Age 75+ £4,370 £4,800 £5,090 Married £1,720 £1,720 £1,790 Age 65-74 £2,665 £2,995 £3,115 Age 71+ £2,705 £3,035 £3,155 Additional £1,720 £1,720 £1,790 Higher rates of allowances are cut by £1 for every £2 earnt over £15,200. ——————————————————————————————————3/14— Inheritance tax allowances & rates >> Download and Analyse Share Prices on Your PC See Pages 532 & 533 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:43:00          ——— INHERITANCE TAX: POS , UDGET —————— After certain deductions such as debts and funeral costs, tax is charged at 40% on estates worth £200,000+ which are not passed on to the spouse. Tax can be payable on some gifts if they were made up to seven years Bdfore death. However some escape taxation:  Gifts of up to £250 per year  Wedding gifts by parents up to £5,000  There is an annual £3,000 exemption Estates under £200k are not taxed. ——————————————————————————————————4/14— See Inland Revenue leaflet IHT3 CHASE DE VERE SAVERS ON PAGE 546 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:42:04  F        ———— CAPITAL GAINS TAX TABLES ————————— Indexation allowance is an adjustment for inflation when calculating your capital gains. To work it out: 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. Deduct the total from the sale proceeds to get the capital gain. CGT threshold now £6,300 from £6,000 See Inland Revenue leaflet CGT13/CGT16 ——————————————————————————————————5/ 4 September disposable tables follow >> LATEST & NEg FINANCIAL P2ODUCTS p541 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:42:04  F        ——————— CGT: INFLATION ALLOWANCE —————— 1982 1983 1984 1985 1986 Jan - 0.862 0.771 0.686 0.598 Feb - 0.854 0.764 0.673 0.592 March 0.936 0.850 0.758 0.657 0.590 April 0.898 0.825 0.735 0.623 0.575 May 0 884 0.817 0.729 0.615 0.572 June 0.879 0.813 0.724 0.612 0.573 July 0.876 0.803 0.726 0.615 0.577 Aug 0.876 0.795 0.710 0.611 0.572 Sept 0.879 0.767 0.707 0.612 0.565 Oct 0.870 0.781 0.696 0.609 0.562 Nov 0.861 0.775 0.691 0.603 0.549 Dec 0.864 0.770 0.692 0.601 0.544 ——————————————————————————————————6/14— September disposables follow >>> LOOKING FOR FINANCIAL ADVICE? p543 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:41:00  V        ——————— CGT: INFLATION ALLOWANCE —————— 1992 1993 1994 1995 Jan 0.134 0.115 0.088 0.053 Feb 0.128 0.108 0.082 0.047 March 0.125 0.104 0.079 0.043 April 0.108 0.094 0.067 0.032 May 0.004 0.090 0.063 0.028 @dnd 0.004 0.091 0.063 0.027 July 0.108 0.093 0.068 0.032 Aug 0.107 0.088 0.063 0.026 Sept 0.103 0.084 0.061 0.021 Oct 0.099 0.085 0.059 0.027 Nov 0.101 0.086 0.058 0.027 Dec 0.105 0.084 0.053 0.021 ——————————————————————————————————9/14 September disposables follow >>> FAMILY FINANCE FEATURES p540 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:41:11          ——————— CGT: INFLATION ALLOWANCE —————— 1996 Jan 0.024 Feb 0.019 Mar 0.015 Apr 0.008 May 0.006 June 0.005 July 0.009 August 0.005 Sept - ——————————————————————————————————10/14 October figures out late November FAMILY FINANCE FEATURES p540 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:41:14          ————— INFLATION: Month-ol Month ——————— All items Ex mortgages 1993 1994 1995 1993 1994 1995 Jan 1.7% 2.5% 3.3% 3.2% 2.8% 2.8% Feb 1.8% 2.4% 3.4% 3.4% 2.8% 2.7% Mar 1.9% 2.3% 3.4% 3.5% 2.4% 2.8% Apr 1.3% 2.6% 3.5% 2.9% 2.3% 2.6% May 1.3% 2.6% 3.4% 2.8% 2.5% 2.7% Jun 1.2% 2.6% 3.5% 2.8% 2.4% 2.8% Jul 1.4% 2.3% 3.5% 2.8% 2.2% 2.8% Aug 1.7% 2.4% 3.6% 2.8% 2.2% 2.9% Sep 1.8% 2.2% 3.9% 3.3% 2.0% 3.1% Oct 1.4% 2.4% 3.2% 2.8% 2.0% 2.9% Nov 1.4% 2.6% 3.1% 2.5% 2.3% 2.9% Dec 1.9% 2.9% 3.2% 2.7% 2.5% s.0% ——————————————————————————————————11/14 Source: Office of National Statistics INFLATION YEAR-ON-YEAR FOLLN S >>> Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:40:17  V        ————— INFLATION: Month-on-Month ——————— All items Ex mortgages 1996 1996 Jan 2.9% 2.8% Feb 2.7% 2.9% Mar 2.7% Apr 2.4% May 2.2% 2.8% June 2.1% 2.8% July 2.2% 2.8% Aug 2.1% 2.8% Government's inflation target is 2.50% ——————————————————————————————————12/14 Source: Office of National Statistics INFLATION YEAR-ON-YEAR FOLLOWS >>> Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:50:13          ————— INFLATION: Year-on-Year ————————— YEAR All items Excluding Mortgages 1980 18.0% 16.9% 1981 11.9% 12.2% 1982 8.6% 8.5% 1983 4.6% 5.2% 1984 5.0% 4.4% 1985 6.1% 5.2% 1986 3.4% 3.6% 1987 4.2% 3.7% 1988 4.9% 4.6% 1989 7.8% 5.9% 1990 9.5% 8.1% 1991 5.9% 6.7% ——————————————————————————————————13/14 Source: Central Statistical Office LOOKING FOR FINANCIAL ADVICE? p543 Bonds Your Money Saving It's Your Life!
P548 Teletext 548 Oct28 21:50:12 ADVERT TAX >>> 14/14    p.a. net of basic-rate tax for 5 years with a NatWest Guaranteed Bond.   Gross equiv. Tax not recoverable. Min.invest.£5,000. No risk to capital Limited offer, act now. CALL 0800 255 200 8am - 8 pm Mon - Fri/9am - 6pm W/ends      THIS PAGE MUST BE READ IN CONJUNCTION WITH PAGE 382 (ITV) Bonds Your Money Saving It's Your Life!