Accounting, Bookkeeping,
Payroll services, VAT, Self
assessment, and all related matters.

24-7 Accounts provides accounting services in The Fens and surrounding areas in Lincolnshire
Phone:
01406 373780
Fax:
01406 370939

 

Income Tax Rates

2008/09 2007/08
Band Rate Band Rate
£ % £ %
0-2,320 10* 0-1,230 10
2,321-34,800 20** 2.231-34,600 22**
Over 34,800 40*** Over 34,600 40***

* Only applicable to dividends and savings income.
** Except dividends (10%) and, in 2007/08, savings income and finally dividends.
*** Except dividends (32.5%).
Other income taxed first, then savings income and finally dividends.


 

Income Tax Reliefs

Income Tax Reliefs Updated figures following the Chancellor's announcement on 13/5/2008 to increase the personal allowance (age under 65) by an extra £600.

 

Tax Credits and Pension Premiums

Tax Credits and Pension Premiums

 

Car, Van and Fuel Benefits

Car, Van and Fuel Benefits

 

Mileage Allowance Payments

Mileage Allowance Payments

 

Individual Savings Accounts (ISAs)

Individual Savings Accounts (ISAs)

 

Corporation Tax

Corporation Tax

 

Capital Allowances

Capital Allowances

 

Value Added Tax

Value Added Tax

 

Capital Gains Tax

Capital Gains Tax

 

Inheritance Tax

Inheritance Tax

 

Stamp Duty and Stamp Duty Land Tax

Stamp Duty and Stamp Duty Land Tax

 

National Insurance

National Insurance

 

Main Social Security Benefits

Main Social Security Benefits

 

Self Assessment : Key Dates 2008/09

Self Assessment : Key Dates 2008/09