Income
Tax Corporation Tax ASC Wylie
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Rates |
2008/09 |
2009/10 |
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|
Class |
Lower Limits {LEL} |
Upper
Limits {UEL} |
Tax Rate |
Lower Limits {LEL} |
Upper Limits {UEL} |
Tax Rate |
|
|
1
Employment {Not Contracted
Out} |
£ 4,680pa {£90pw} |
£ 40,040pa {£770pw} |
11% {+1% over UEL} |
£ 4,524
pa {£95pw} |
£ 34,840
pa {£844pw} |
11% {+1% over UEL} |
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|
2 Self
Employed - Flat Rate |
£4,825 pa |
- |
£2.30pw |
£5,075
pa |
- |
£2.40pw |
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3
Voluntary |
- |
- |
£8.10pw |
- |
- |
£12.05pw |
|
|
4 Self
Employed |
£5,435 |
£40,040 |
8% {+1% over UL} |
£5,715 |
£43,875 |
8% {+1% over UL} |
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Notes |
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Class
1 |
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2009/10 |
Employers rate is 12.8% over £5,720pa {£110pw} |
No upper limit |
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|
Contracted Out Rates 9.4% {employee} |
Employer rates depend on type of scheme |
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|
2008/09 |
Employers rate is 12.8% over £5,460pa {£105pw} |
No upper limit |
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|
Contracted Out Rates 9.4% {employee} |
Employer rates depend on type of scheme |
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