TSEM3041 - Trust income and gains: the charge on trustees - trust tax rates

Income tax

Tax rates for trusts: 2022-23 to 2024-25 -

Trust rate                     

45%

Dividend trust rate 

39.35%

Dividend ordinary rate

8.75%

Basic rate

20%

Tax rates for trusts: 2016-17
to 2021-22
-

Trust rate                                                        

45%

Dividend trust rate

38.1%

Dividend ordinary rate

7.5%

Basic rate

20%

 

Tax rates for trusts: 2013-14 to 2015-16          -

Trust rate

45%

Dividend trust rate

37.5%

Dividend ordinary rate

10%

Basic rate

20%

 

Tax rates for trusts: 2010-11 to 2012-13                 -

Trust rate

50%

Dividend trust rate

42.5%

Dividend ordinary rate

10%

Basic rate

20%

 

Tax rates for trusts: 2008-9 to
2009-10            
-

Trust rate

40%

Dividend trust rate

32.5%

Dividend ordinary rate

10%

Basic rate

20%

 

Tax rates for trusts: 2007-2008                                             -

Trust rate

40%

Dividend trust rate

32.5%

Savings rate

20%

Dividend ordinary rate

10%

Basic rate

22%

 

Tax rates for trusts: 2004-5 to
2006-7               
-

Rate applicable to trusts

40%

Dividend trust rate

32.5%

Lower rate

20%

Dividend ordinary rate

10%

Basic rate

22%

 

Tax rates for trusts: 2000-01 to 2003-4 -

Rate applicable to trusts

34%

Dividend trust rate

25%

Rate for other savings

20%

Dividend ordinary rate

10%

Basic rate

22%

 

Tax rates for trusts: 1999-2000             -

Rate applicable to trusts

34%

Dividend trust rate

25%

Lower rate

20%

Dividend ordinary rate

10%

Basic rate

23%

 

Tax rates for trusts:1997-98 to 1998-99 -

Rate applicable to trusts

34%

Savings rate

20%

Basic rate

23%

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