Tax Rates 2007/08
Introduction
Income Tax
Capital Gains Tax
Corporation tax
Main Capital Allowances
Value Added Tax
Inheritance Tax
Vehicle Benefits
Mileage Allowances
NI Contributions
Key Dates and Deadlines
Pension Premiums
Charitable Giving
Savings and Investment
Some Useful Rates
Stamp Taxes

Some Useful Rates


  Weekly Benefit
  2007/08 2006/07
Basic Retirement Pension    
Single person £87.30 £84.25
Married couple £139.60 £134.75
Child Benefit    
First eligible child £18.10 £17.45
Each subsequent child £12.10 £11.70
Statutory Sick Pay (SSP)    
Average weekly earnings £87 or over (2006/07 £84) £72.55 £70.05
Statutory Maternity Pay (SMP)    
90% of average weekly pay First 6 weeks First 6 weeks
Maximum £112.75 (2006/07 £108.85). Minimum 90% average weekly pay Next 20 weeks Next 20 weeks
Mimimum rate £78.30 £75.60
Adoption Pay (SAP) 26 weeks 26 weeks
Paternity Pay (SPP) 1 week or fortnight 1 week or fortnight
Both SAP and SPP    
90% of average weekly pay Max £112.75
Min £78.30
Max £108.85
Min £75.60
Example rates:
Jobseekers Allowance    
Single person £59.15 £57.45
Married couple £92.80 £90.10
National Minimum Wage From 1 October 2007 From 1 October 2006
  Over 21 £5.52 p.h. £5.35 p.h.
18 - 21 £4.60 p.h. £4.45 p.h.
16 and 17 £3.40 p.h. £3.30 p.h.