Taxes Corporation tax, currently 28%, to fall by 1p in the pound a year for four consecutive years until it reaches 24%. Small companies tax to fall to 20%. New firms outside south-east/east to be let off employer national insurance contributions,…
National Insurance contributions Rates and allowances 2010/2011
National Insurance – rates and allowances £ per week 2008-09 2009-10 2010-11 Lower earnings limit, primary Class 1 £90 £95 £97 Upper earnings limit, primary Class 1 £770 £844 £844 Upper accruals point N/A £770 £770 Primary threshold £105 £110 £110…
Tax Rate & Allowances for Year 2010-2011
Income Tax Rates and allowances for the year 2008-09, 2009-10 and 2010-2011: Income Tax Allowances 2008-09 2009-10 2010-11 Personal Allowance (1) £6,035 £6,475 £6,475 Income limit for Personal Allowance Not applicable Not applicable £100,000 Personal Allowance for people aged 65-74 (1)(2)…