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
Personal Pension Premiums (PPPs) and Retirement Annuity Premiums (RAPs)| Max contributions: | % Of Net Relevant Earnings | |
| Age at beginning of year | RAPs% | PPPs% |
| 35 or less | 17.5 | 17.5 |
| 36 - 45 | 17.5 | 20.0 |
| 46 - 50 | 17.5 | 25.0 |
| 51 - 55 | 20.0 | 30.0 |
| 56 - 60 | 22.5 | 35.0 |
| 61 and over | 27.5 | 40.0 |
| Maximum net relevant earnings for 2005/06 PPPs: £105,600. No limit for RAPs. People with no net relevant earnings can pay contributions of £3,600 gross in 2005/06, except for some members of occupational pension schemes and those aged 75 and over. | ||