Neil Westwood & Co.

 

Chartered Accountants

 

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Tax Rates 2010/11
Introduction
Income Tax
Capital Gains Tax
Corporation tax
Main Capital Allowances
VAT
Inheritance Tax
Vehicle Benefits
Mileage Allowances
NI Contributions
Key Dates and Deadlines
Pension Premiums
Charitable Giving
Savings & Investment
Some Useful Rates
Stamp Taxes

Some Useful Rates


 Weekly Benefit
 2010/112009/10
Basic Retirement Pension  
Single person£97.65£95.25
Couple£156.15£152.30
Child Benefit  
First eligible child£20.30£20.00
Each subsequent child£13.40£13.20
Statutory Sick Pay (SSP)  
Average weekly earnings £97 or over (2009/10 £95)£79.15£79.15
Statutory Maternity Pay (SMP)  
90% of average weekly payFirst 6 weeksFirst 6 weeks
Maximum £124.88 (2009/10 £123.06). Minimum 90% average weekly payNext 33 weeksNext 33 weeks
Minimum rate£87.30£85.50
Adoption Pay (SAP)39 weeks39 weeks
Paternity Pay (SPP)2 weeks 2 weeks
Both SAP and SPP  
90% of average weekly payMax £124.88
Min £87.30
Max £123.06
Min £85.50
Example rates:
Jobseekers Allowance  
Single person£65.45£64.30
Couple£102.75£100.95
National Minimum WageFrom 1 October 2010From 1 October 2009
 22 and over*£5.93£5.80 p.h.
18 - 21*£4.92£4.83 p.h.
16 and 17£3.64£3.57 p.h.
Apprentice£2.50N/A
* Those aged 21 and over are included in the main adult rate from 1 October 2010.



 

Neil Westwood & Co.

101 Dixons Green Road, Dudley

West Midlands, DY2 7DJ