Tax Rates 2009/10
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Introduction
Income Tax
Capital Gains Tax
Corporation tax
Main Capital Allowances
VAT
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Vehicle Benefits
Mileage Allowances
NI Contributions
Key Dates and Deadlines
Pension Premiums
Charitable Giving
Savings & Investment
Some Useful Rates
Stamp Taxes

National Insurance Contributions


Class 1 (not contracted out) Employer Employee
Payable on weekly earnings of    
£95 (lower earnings limit) to £110 0% 0%
£110.01 - £770 (upper accrual point) 12.8% 11%
£770.01 - £844 (upper earnings limit) 12.8% 11%
Over £844 12.8% 1%
Over state retirement age, the employee contribution is Nil
   
Class 1A (on relevant benefits) 12.8% Nil
   
Class 1B (on PAYE settlement arrangement) 12.8% Nil
   
Class 2 (Self employed) £2.40 per week
Limit of net earnings for exception £5,075 per annum
   
Class 3 (Voluntary) £12.05 per week
   
Class 4 (* Self employed on profits)  
£5,715 - £43,875 8%
Excess over £43,875 1%
*Exemption applies if state retirement age was reached by 6 April 2009.

Note

For those earning between £95 per week and £770 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.