TAX RATES 2008/09

Please download the full current tax rate card here.

The information on this tax card is based upon the 2008 Budget and other earlier announcements and may be subject to amendment by the Finance Act.

The following information will be found on the rate card.

• INCOME TAX RATES
• INCOME TAX RELIEFS
• TAX CREDITS
• PENSION PREMIUMS
• CAR AND FUEL BENEFITS
• MILEAGE ALLOWANCE PAYMENTS
• INDIVIDUAL SAVINGS ACCOUNTS (ISAs)
• CORPORATION TAX
• CAPITAL ALLOWANCES
• VALUE ADDED TAX
• CAPITAL GAINS TAX
• INHERITANCE TAX
• STAMP DUTY & STAMP DUTY LAND TAX
• NATIONAL INSURANCE
• MAIN SOCIAL SECURITY BENEFITS

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 tax 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 tax returns for 2007/08. Balancing payment due for 2007/08. First payment due for 2008/09.