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
Self Assessment: Key Dates 2008/09
31 July 2008 - Second payment on account for 2007/08.
5 October 2008 - Deadline for notifying HMRC of new sources of income if no tax return has been issued for 2007/08.
31 October 2008 - Deadline for submission of 2007/08 non-electronic returns. Also, the deadline for submission of 2007/08 returns requiring HMRC calculation and where the taxpayer wants a balancing payment (below £2,000) collected through their 2009/10 PAYE code.
31 January 2009 - Deadline for filing electronic tax returns for 2007/08.
Balancing payment due for 2007/08. First payment on account due for 2008/09.