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
Inheritance Tax
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£’000 |
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| *Potentially increased for surviving spouses or civil partners who die on or after 9 October 2007. | ||||
| Reliefs | ||||
| Annual exemption | £3,000 | Marriage | - parent | £5,000 |
| Small gifts | £250 | - grandparent | £2,500 | |
| - bride/groom | £2,500 | |||
| - other | £1,000 | |||
| Reduced charge on gifts within seven years of death | |||||
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Adventure in Business