Neil Westwood & Co.

 

Chartered Accountants

 

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Tax Rates 2011 / 2012 Tax Rates 2010/11 Tax Rates 2009/10 Tax Rates 2008/09 Tax Rates 2007/08 Tax Rates 2006/07

Tax Rates 2007/08
Introduction
Income Tax
Capital Gains Tax
Corporation tax
Main Capital Allowances
Value Added Tax
Inheritance Tax
Vehicle Benefits
Mileage Allowances
NI Contributions
Key Dates and Deadlines
Pension Premiums
Charitable Giving
Savings and Investment
Some Useful Rates
Stamp Taxes

Key Dates and Deadlines


Payment Dates
Income Tax (including Class 4 NIC)
31 July 20082007/08 second payment on account
31 January 20092007/08 balancing payment, and
2008/09 first payment on account
31 July 20092008/09 second payment on account
31 January 20102008/09 balancing payment, and
2009/10 first payment on account
Class 1A NICs
19 July 20082007/08 payment due
Capital Gains Tax
31 January 20092007/08 Capital Gains Tax
31 January 20202008/09 Capital Gains Tax
Corporation Tax
9 months and one day after the end of the accounting period
Inheritance Tax
6 months after the end of the month of death or chargeable transfer.
For chargeable lifetime transfers between 6 April and 30 September, due date is 30 April in the following year.
For chargeable lifetime transfers between 1 October and 5 April, due date is six months after the end of the month in which the transfer was made.
Latest Filing/Issuing Deadlines -2007/08 PAYE Returns
19 May 2008P14, P35, P38, and P38A
31 May 2008Issue P60s to employees
6 July 2008P9D, P11D and P11Db - also issue copies to employees
Form 42 (reporting of employment-related securities)
2008 Self Assessment Tax Return
31 October 2008Last filing date - paper returns (SATR Paper Version)
31 January 2009Last filing date - online returns (SATR Online)
30 December 2008 SATR Online if outstanding tax (less than £2,000) to be included in 2009-10 PAYE code


 

Neil Westwood & Co.

101 Dixons Green Road, Dudley

West Midlands, DY2 7DJ