Budget 2005 Introduction Main Income Tax reliefs Income Tax Rates and bands Car Benefit Assessment Tax Free Mileage Allowances National Insurance Contributions Personal Pensions and Retirement Annuity Premiums Inheritance Tax Value Added Tax Capital Gains Tax Corporation Tax Main capital allowances Stamp Duty & Stamp Duty Land Tax Earliest due dates for payment of tax

National Insurance Contributions Class 1 (Employees)   Contracted In Contracted Out     Salary Related Money Purchase Employee contributions       - on earnings between £94.01 and £630pw 11.0% 9.4% 9.4% - on earnings above £630pw 1.0% 1.0% 1.0% Employer contributions       - on earnings between £94.01 and £630pw 12.8% 9.3% 11.8% - on earnings above £630pw 12.8% 12.8% 12.8% Employer contributions (at 12.8%) are due on most benefits in kind and on tax paid on an employee's behalf under a PAYE settlement agreement.   Class 2 (Self-employed) Flat rate per week £2.10 Small earnings exception: profits per annum £4,345   Class 3 (Voluntary) Flat rate per week £7.35   Class 4 (Self-employed) On profits £4,895 - £32,760 8.0% On profits over £32,760 1.0%