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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.com 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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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.com Reviews

https://jp-accounts.com

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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jp-accounts.com

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Inheritance Tax - Tax Rates 2014/15

http://www.jp-accounts.com/inherit.html

Key Dates and Deadlines. Combined threshold maximum for married couples and civil partners. Rate of tax on balance:. Transfers on, or within 7 years of, death. A lower rate of 36% applies where 10% or more of a deceased person's net estate is left to charity. All lifetime transfers not covered by exemptions and made within seven years of death will be added back into the estate for the purpose of calculating the tax payable. Tax attributable to such transfers is then subject to Taper Relief:.

2

Capital Allowances - Tax Rates 2014/15

http://www.jp-accounts.com/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://www.jp-accounts.com/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

Mileage Allowances - Tax Rates 2014/15

http://www.jp-accounts.com/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.

5

Vehicle Benefits - Tax Rates 2014/15

http://www.jp-accounts.com/vehicle.html

Key Dates and Deadlines. Chargeable on employees earning 8,500 or over (including benefits), and directors. The taxable benefit is calculated as a percentage of the list price of the car, on the day before it was first registered, plus certain accessories. This percentage depends upon the rate at which the car emits carbon dioxide (CO. And the fuel type. For cars which cannot produce CO. You can find the appropriate percentage for 2014/15 using the following table:. How to find out how much CO. If the em...

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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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Tax Rates 2015/16 - Updated following Second Budget

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