Value Added Tax
From 4 Jan 2011 1 Jan 2010 Standard rate 20% 17.5% VAT fraction 1/6 7/47 Reduced rate 5% 5% Taxable Turnover Limits Registration – last 12 months or next 30 …
Inheritance Tax
2011/12 2010/11 Standard threshold £325,000 £325,000 Combined threshold maximum for married couples and civil partners £650,000 £650,000 Rate of tax on balance: Chargeable lifetime transfers Transfers on, or within …
FAQ
1. How to choose your accountant? Choosing an accountant can help you and your business that is very important. An accountant you chosen you should feel comfortable with, you can …
Vehicle Benefits
Chargeable on employees earning £8,500 or over (including benefits), and directors. Car Benefit Car Fuel Benefits Company Vans Car Benefit The taxable benefit is calculated as a percentage of the …
Income Tax
Income tax rates 2011/12 2010/11 Basic rate band – income up to £35,000 £37,400 Starting rate for savings *10% *10% Basic rate 20% 20% Dividend ordinary rate 10% 10% …