Value Added Tax
Standard rate 17.5%
Reduced rate 5%
Annual Registration Limit - from 1.4.08
(1.4.07 - 31.3.08 £64,000) £67,000
Annual Deregistration Limit - from 1.4.08
(1.4.07 - 31.3.08 £62,000)
Standard rate 17.5%
Reduced rate 5%
Annual Registration Limit - from 1.4.08
(1.4.07 - 31.3.08 £64,000) £67,000
Annual Deregistration Limit - from 1.4.08
(1.4.07 - 31.3.08 £62,000)
Contents
Income Tax Rates
Individual Savings Accounts (ISA's)
Stamp Duty & Stamp Duty Land Tax
% |
% |
£’000 |
£’000 |
| *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 | |||||
| Years before death | |||||
| % of death charge | |||||
Adventure in Business