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 & Deadlines
Pension Premiums
Charitable Giving
Savings & Investments
Some Useful Rates
Stamp Taxes

Corporation Tax

Corporation tax rates and bands are as follows:

Financial Year to 31 March 2008 31 March 2007
Taxable profits    
First £300,000 20% 19%
Next £1,200,000 32.5% 32.75%
Over £1,500,000 30% 30%


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