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Welcome to the 2009 Budget Tax Cards
Click here to download the full adobe Acrobat Version Tax Cards
Main Income Tax reliefs
| Allowed at top rate of tax |
2009/10 |
2008/09 |
| Personal Allowance |
£6,475 |
£6,035 |
| Personal Allowance (65-74)* |
9,490 |
9,030 |
| Personal Allowance (75 and over)* |
9,640 |
9,180 |
| Blind Person's Allowance |
1,890 |
1,800 |
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| Allowed only at 10% |
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| Married Couple's Allowance (Up to 74)+* |
N/A |
6,535 |
| Married Couple's Allowance (75 and over)+* |
6,965 |
6,625 |
| Income Limit for age-related allowances |
22,900 |
21,800 |
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+ only available if born before 6th April 1935.
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* Age allowances are reduced £1 for every £2 by which income exceeds the income limit, until the age allowance is reduced to the normal allowance. Personal allowance is reduced before married couple's allowance. MCA is reduced to a minimum of £2,670 (2008/09: £2,540).
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| Important annual limits |
2009/10 |
2008/09 |
| Individual Savings Account investment |
**£7,200 |
£7,200 |
| Rent a room exemption |
4,250 |
4,250 |
| Enterprise Investment Scheme investment |
* 500,000 |
* 500,000 |
| Venture Capital Trust investment |
** 200,000 |
** 200,000 |
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* Relief at 20% ** Relief at 30% ** £10,200 for those aged 50+ (6.10.09)
Car Benefit Assessment
| Charge based on a percentage of the initial list price of the car, including accessories, delivery charges and VAT. The percentage depends on the carbon dioxide emissions rating of the car, and whether the engine runs on petrol or diesel. Lower rates may apply to electric or biofuel-adapted cars. |
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| Ratings |
Petrol |
Diesel |
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| 0-120g/km |
10% |
13% |
| 121-135g/km |
15% |
18% |
| over 135g/km |
+1% for each extra 5g/km (140,145 etc.) |
| Maximum |
35% |
35% |
Special rules apply to older cars which do not have a CO2 rating.
Employee contributions for private use are deducted from the taxable figure.
Company vans are charged at £3,000 if private use is more than home-to-work travel. An additional amount of £500 is charged if fuel is provided free for private use. |
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| Car fuel benefit |
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| The benefit of free fuel for private use in a company car is calculated using the same percentage as that used for the car benefit, applied to a standard figure of £16,900. The taxable amount is therefore between £1,690 (min.) and £5,915 (max.). |
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