Neil Westwood & Co.

 

Chartered Accountants

 

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About This Guide
Income Tax
Capital Gains Tax
Corporation Tax
Main Capital Allowances
Value Added Tax
Inheritance Tax
Vehicle Benefits
Mileage Allowance
National Insurance Contributions
Key Dates And Deadlines
Pension Premiums
Charitable Giving
Savings and Investments
Some Useful Rates
Stamp Taxes
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Some Useful Rates


 Weekly Benefit
 2006/072005/06
Basic Retirement Pension  
Single person£84.25£82.05
Married couple£134.75£131.20
Child Benefit  
First eligible child£17.45£17.00
Each subsequent child£11.70£11.40
Statutory Sick Pay (SSP)  
Average weekly earnings £84 or over (2005/06 £82)£70.05£68.20
Statutory Maternity Pay (SMP)  
90% of average weekly payFirst 6 weeks 
Maximum £108.85 (2005/06 £106). Minimum 90% average weekly payNext 20 weeks 
Mimimum rate£75.60£73.80
Adoption Pay (SAP)26 weeks 
Paternity Pay (SPP)1 week or fortnight 
Both SAP and SPP  
90% of average weekly payMax £108.85
Min £75.60		Max £106.00
Min £73.80
Example rates:
Jobseekers Allowance  
Single person£57.45£56.20
Married couple£90.10£88.15
National Minimum Wage  
From 1 October 2005Over 21£5.05 p.h.
18 - 21£4.25 p.h.
16 and 17£3.00 p.h.
From 1 October 2006Over 21£5.35 p.h.
18 - 21£4.45 p.h.
16 and 17£3.30 p.h.


 

Neil Westwood & Co.

101 Dixons Green Road, Dudley

West Midlands, DY2 7DJ