Tax Bands 2008/09

I know the income tax free allowance for the coming financial year will be £5435 with the 10% band being abolished and the basic rate being reduced to

20%, but has the upper limit of the basic rate band been set yet? I haven't heard anything about it.
Reply to
Norman Wells
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This states that the limits will be set in the budget which generally takes place in March.

HTH

Reply to
Debbie Harrison

Not officially announced yet, but it'll almost certainly go up with inflation. They tend to announce any deviation from this well in advance. Last budget they announced it'll go up next year (Apr 09) by inflation plus 800.

Reply to
Andy Pandy

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