..National Insurance Income Tax. ASC Wylie
<-----------------------------2008---------------------------->
<----------------------------2007--------------------------->
|
Rates |
Profit Limits |
Tax Rate |
Profit Limits |
Tax Rate |
|
Small Companies Rate |
£0 - £300,000 |
20% |
£0 - £300,000 |
19% |
|
Marginal Rate B |
£300,000 - £1,500,000 |
32.5% |
£300,000 - £1,500,000 |
32.75% |
|
Full Rate |
>£1.500,000 |
30% |
>£1.500,000 |
30% |
Payment Date ........................9 months after end of accounting period
Return Due Date...................12 months after end of accounting period