Association of Chartered Certified Accountants Logo

 
2008 / 09 Tax Rates


Main Income Tax reliefs

Income Tax Rates and bands

Car Benefit Assessment

Tax Free Mileage Allowances

National Insurance Contributions

Pension Contributions

Inheritance Tax

Value Added Tax

Capital Gains Tax

Corporation Tax

Main capital allowances

Stamp Duty & Stamp Duty Land Tax

Earliest due dates for payment of tax

Earliest due dates for payment of tax


Income Tax  
Employment Most tax paid under PAYE
Interest, dividends Lower/basic rate liability usually settled before receipt
Untaxed sources, plus balance on employment and higher rates on investment income (self assessment) Payments on account for 2008/09 on 31.1.09 and 31.7.09 based on 2007/08 tax; balance due 31.1.10 with first instalment for 2009/10.
Capital Gains Tax 31 January following the tax year.
Inheritance Tax Normally 6 months after month of death.
Corporation Tax Large companies pay by instalments starting 6 1/2 months through the accounting period; small/medium companies pay 9 months and 1 day after end of period.