|
LOW COST |
| TAX RETURNS |
| |
|
SMALL BUSINESS |
| SUPPORT |
 |
|
LOW RATE START-UP |
FOR NEW BUSINESSES |
| RAPID RESPONSE
|
EMAIL SUPPORT |
ASHLEY & CO |
CHARTERED CERTIFIED |
ACCOUNTANTS |
TEL : 020 8398 0700 |
|
|
| CHARTERED CERTIFIED ACCOUNTANTS |
TEL: 020 8398 0700 FAX: 020 8398
9493 |
2007/08 |
2008/09 |
|
£ |
£ |
|
5225 |
5435 |
Personal
|
7550 |
9030 |
Personal (aged 65-74 during tax year) |
7690 |
9180 |
Personal (aged 75 or over) |
6365 |
6625 |
Married (aged 75 or over) * |
300000 |
312000 |
Inheritance Tax
** |
9200 |
9600 |
Capital Gains Tax (excl. settlements) |
* 10% relief
Income limits aged 65+ are |
(2007/08 - £20900) (2008/09 -
£21800) |
| ** £624000 for married couples and civil
partners 2008/09 |
|
Please note Tax Credits
for 2007/08 & 2008/09 |
are based on income and hours worked. |
If you wish to check your entitlement |
please contact the Tax Credits Helpline on 0845
300 3900 |
TAXABLE INCOME |
TAX RATE
|
2007/08 |
2008/09 |
|
£ |
£ |
|
0 - 2230 |
n/a |
10
% (n/a 2008/09) |
2231-34600 |
0 - 36000 |
22
% (20%
2008/09) |
34601 + |
36001 +
|
40 %
|
(Rates differ for Dividend and Interest
Income)
Corporation Tax Rates |
FY2007 |
FY2008 |
|
|
|
| All companies (except below) |
30% |
28% |
| Companies with small profits |
20% |
21% |
| - 20% & 21% rate
limit * |
£300000 |
£300000 |
| - marginal rate profit
limit * |
£1500000 |
£1500000 |
| - marginal rate |
32.5% |
29.75% |
|
|
|
*
With no associated companies
FOR FULL DETAILS OF 2007/08 AND 2008/09
PERSONAL AND BUSINESS
TAXES
AND NATIONAL INSURANCE
CONTRIBUTIONS
GET YOUR
FREE
TAX FACTS
CARD
IN OUR
FREE INFO
PACK |
OR BETTER STILL -
WHY NOT REQUEST A |
|
|
| CHARTERED CERTIFIED ACCOUNTANTS |
| TEL: 020 8398 0700 FAX: 020
8398 9493 |
REGISTERED UNDER THE DATA PROTECTION ACT
1998 |
|
|
|
|
|
PERSONAL TAX RETURNS |
|
CAPITAL GAINS TAX ADVICE |
|
PROPERTY LETTING TAX |
|
TAX REBATE SERVICE |
|
LIMITED COMPANY
ACCOUNTING |
|
|
|
ENTER
HERE |
TO
SEE HOW |
OUR TAX RETURN |
SERVICE
WORKS |
![[Enter Tax Return Service]](pict7.jpg) |
|
|
|
|
|
|
|
CALL US ON
020 8398 0700 |
OR |
|
|
