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Tax Rates 2015/16 - Updated following Second Budget

Key Dates and Deadlines. Pension Premiums and Withdrawals. Our Tax Rates Centre provides a summary of some of the essential tax rates, dates and figures for 2015/16. 2015/16 Tax Rates Centre is for guidance only and advice should be obtained before acting on any information contained as no responsibility can be accepted for loss occasioned as a result of action taken or refrained from in consequence of its contents.

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Tax Rates 2015/16 - Updated following Second Budget | jp-accounts.co.uk Reviews
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Key Dates and Deadlines. Pension Premiums and Withdrawals. Our Tax Rates Centre provides a summary of some of the essential tax rates, dates and figures for 2015/16. 2015/16 Tax Rates Centre is for guidance only and advice should be obtained before acting on any information contained as no responsibility can be accepted for loss occasioned as a result of action taken or refrained from in consequence of its contents.
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KEYWORDS
1 introduction
2 income tax
3 capital gains tax
4 corporation tax
5 capital allowances
6 value added tax
7 inheritance tax
8 vehicle benefits
9 mileage allowances
10 national insurance contributions
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introduction,income tax,capital gains tax,corporation tax,capital allowances,value added tax,inheritance tax,vehicle benefits,mileage allowances,national insurance contributions,charitable giving,savings and investments,some useful rates,stamp taxes
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Tax Rates 2015/16 - Updated following Second Budget | jp-accounts.co.uk Reviews

https://jp-accounts.co.uk

Key Dates and Deadlines. Pension Premiums and Withdrawals. Our Tax Rates Centre provides a summary of some of the essential tax rates, dates and figures for 2015/16. 2015/16 Tax Rates Centre is for guidance only and advice should be obtained before acting on any information contained as no responsibility can be accepted for loss occasioned as a result of action taken or refrained from in consequence of its contents.

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1

Mileage Allowances - Tax Rates 2014/15

http://jp-accounts.co.uk/mileage.html

Key Dates and Deadlines. It is quite normal practice for employees to be reimbursed at a reasonable mileage rate for business use of their own vehicles. The income tax and national insurance contributions (NICs) position is as follows:. A statutory system of Approved Mileage Allowance Payments (AMAPs) applies for employees using their own vehicles for business journeys, as follows:. On the first 10,000 miles in the tax year. On each additional mile above this.

2

Capital Allowances - Tax Rates 2014/15

http://jp-accounts.co.uk/allow.html

Key Dates and Deadlines. Investment for use in Enterprise Zones, energy saving and environmentally beneficial equipment, new zero-emission goods vehicles, low CO. Emission (up to 95g/km) cars, natural gas/hydrogen refuelling equipment: First year allowance. Annual investment allowance (AIA). On the first £500,000 of investment. Excludes cars and other expenditure already qualifying for 100% FYA). Writing down allowance on expenditure not qualifying for AIA or FYA:. Other plant and machinery.

3

Income Tax - Tax Rates 2014/15

http://jp-accounts.co.uk/income.html

Key Dates and Deadlines. Basic rate band - income up to. Starting rate for savings. Higher rate - income over. Additional rate - income over. Starting rate is for savings income up to the starting rate limit of £2,880 (£2,790) within the basic rate band. The rate applies to any balance of the limit remaining after allocating taxable non-savings income. For interest in possession trusts on all income, and other trusts on the first £1,000 of income (standard rate band):. Rate applicable to trusts. The pers...

4

Pension Premiums - Tax Rates 2014/15

http://jp-accounts.co.uk/pension.html

Key Dates and Deadlines. There is no financial limit on the amount that may be contributed to a registered pension scheme. The maximum amount on which an individual. Can claim tax relief in any tax year is the greater of the individual's UK relevant earnings or £3,600 (gross). If total pension input. Exceeds the annual allowance. Of £40,000 there may be a tax charge on the excess. Maximum age for tax relief. Minimum age for taking benefits. Lifetime allowance charge - lump sum paid. Pound;1,250,000*.

5

Corporation Tax - Tax Rates 2014/15

http://jp-accounts.co.uk/corp.html

Key Dates and Deadlines. Corporation tax rates and bands are as follows:. First £300,000. Next £1,200,000. Over £1,500,000.

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