When does your income tax rate?

Question

go up to 40%?

I'm in the UK.

Answer 1

It was £34600 in 2007-2008.

In this current year, 2008-2009, it is £36000.

But when the personal allowance goes up from 5435 to 6035 in september, the 40% limit will be reduced from £36000 to £34800.

Edit ; Onestep down from God

Look at this link, it is actually £34800.

http://www.hmrc.gov.uk/news/may13.htm

Answer 2

Samz  maths isn't very good.

In 2008/09 it goes to 40%(after allowances) at £35400.