Resource
Tax rates & allowances

  • Plant and machinery allowances and the allowances available for other assets.

  • Standard and higher rates of capital gains tax (CGT) together with the annual exemption. The special rate of CGT and the limit applying for entrepreneurs’ relief purposes.

  • Weekly amounts of child / working tax credits and child benefit.

  • Companies pay corporation tax on their income and gains. View the current rates and estimate the tax due.

  • Estimate your personal income tax liability using the current rates. View the current rates here.

  • The annual ISA investment limits.

  • Inheritance tax rates and allowances.

  • Statutory minimum wage levels.

  • Earnings thresholds and contribution percentages for Class 1 (employed), Class 2 and 4 (self-employed) and Class 3 (voluntary) national insurance contributions.

  • Details of the amounts of tax relievable pension contributions for individuals and employers.

  • The current percentages of stamp duty and the various UK property/land transaction taxes.

  • Current weekly amounts.

  • EIS, SEIS, VCTs and SIR.

  • The current VAT percentages and the annual registration and deregistration thresholds.

  • Calculate the taxable benefit using the relevant tables for employer provided cars, vans and related fuel.

Book Appointment

Meet with Syed Murtaza

Chartered Certified Accountant
meet-img
Meet over the phone or face to face Check Availability

Book an appointment today

We are always ready. Just drop us your name and number and our team will get it touch