Value Added Tax
Standard rate 17.5%
Reduced rate 5%
Annual Registration Limit - from 1.5.09
(1.4.08 - 30.4.09 £67,000) £68,000
Annual Deregistration Limit - from 1.5.09
(1.4.08 - 30.4.09 £65,000) £66,000
Standard rate 17.5%
Reduced rate 5%
Annual Registration Limit - from 1.5.09
(1.4.08 - 30.4.09 £67,000) £68,000
Annual Deregistration Limit - from 1.5.09
(1.4.08 - 30.4.09 £65,000) £66,000
Contents
Income Tax Rates
Individual Savings Accounts (ISA's)
Stamp Duty & Stamp Duty Land Tax
Corporation Tax
| Year to 31.3.10 and 31.3.09 | ||
|
Profits band £ |
Rate % |
|
| Small companies rate |
0 - 300,000 |
21* |
| Marginal (small companies) rate |
300,001 - 1,500,000 |
29.75* |
| Full rate |
Over 1,500,000 |
28* |
| Small companies fraction |
|
7/400* |
The profits limits are reduced for accounting periods of less than 12 months and for a company with associated companies.
*Different rates apply for ring-fenced (broadly oil industry) profit.
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