Obtain the latest information on tax planning for property, buy to lets, working overseas, non-resident and offshore tax and much more - see site for more info now!Obtain the latest information on tax planning for property, buy to lets, working overseas, non-resident and offshore tax and much more - see site for more info now!
HomeInstant Tax AdviceUK Tax BlogSearchJoin TodayMember Area
Free Membership

Free Tax Books For All Members

 most popular
Our Tax Books
Ask A Tax Question
Latest Q&A's
Latest Articles
Tax Calculators
Search
Tax Coaching Club Area







home | Old Articles | Tax rates and allowances (2008/2009- . . .

Tax rates and allowances (2008/2009-2010/2011)

Printer-Friendly Format
Tax rates & allowances 2008/2009 - 2010/2011
2008/2009 2009/2010 2010/2011
£ £ £
Income tax
Personal allowance 6,035 6,475 6,475
Savings rate - 10% 2,320 2,440 2,440
Basic rate - 20% 34,800 37,400 37,400
Higher rate - 40% 34,800 37,400 37,400
Additional rate - 50% - - 150,000
Capital Gains Tax
Annual exemption:
Individuals 9,600 10,100 10,100
Trusts 4,800 5,050 5,050
Inheritance Tax
Nil Rate Band Threshold 312,000 325,000 325,000
Pensioners, etc.
Age allowance: 65 --74 9,030 9,490 9,490
Age allowance: 75 & over 9,180 9,640 9,640
MCA: born before 6/4/35 6,535 - -
MCA: 75 & over 6,625 6,965 6,965
MCA minimum 2,540 2,670 2,670
Income limit 21,800 22,900 22,900
Blind Person's Allowance 1,800 1,890 1,890



Printer-Friendly Format
·  Should you use a share trading company for 2010?
·  Income tax and IHT for non UK domicile
·  Offshore share exchange
·  Mixed fund and UK employment income for non dom
·  Loan from non dom
·  Transfer of Cyprus property and remittance tax
·  IHT and UK nil rate band
·  My estate and UK IHT
·  Completing the P86 form on arriving in UK
·  The impact of the increase in the Entrepreneurs Relief limit to £5 Million after 22 June 2010



FREE DOWNLOAD
Company Tax Planning Handbook 2015/2016
FREE DOWNLOAD - Tax Planning With Double Tax Treaties 2015+
FREE DOWNLOAD
Tax Planning With Double Tax Treaties 2015+


FREE DOWNLOAD
Buy To Let Tax Planning In 2015/2016

FREE DOWNLOAD
Tax Planning With Offshore Companies & Trusts 2015: The A-Z Guide
FREE DOWNLOAD - Tax Planning With Holding Companies: 2015+
FREE DOWNLOAD Tax Planning With Holding Companies: 2015+
FREE DOWNLOAD - Offshore Companies Holding UK Property: 2015+
FREE DOWNLOAD Offshore Companies Holding UK Property: 2015+
FREE DOWNLOAD - How To Avoid CGT In 2014/2015
FREE DOWNLOAD How To Avoid CGT In 2014/2015;
FREE DOWNLOAD - Royalty Tax Planning 2014: Strategies & Tactics To Reduce Tax
FREE DOWNLOAD - Royalty Tax Planning 2014: Strategies & Tactics To Reduce Tax
View MORE Tax Books +

Ask a tax question

6,005Tax Questions Answered

6,005 tax consultancy questions answered as at 1 January 2015 - Free for members


<b>Offshore Structuring To Reduce CGT</b>
How UK residents can use a Mauritian company to avoid UK capital gains taxHow UK residents can use a Mauritian company to avoid UK capital gains tax
Using overseas companies to avoid UK capital gains tax is an established form of tax planning. Unfortunately if you wanted to use this technique to avoid CGT nowadays it's subject to numerous anti avo . . . keep reading

Revealed - QC approved scheme to avoid CGT on the sale of UK investment property whilst UK resident/domiciledRevealed - QC approved scheme to avoid CGT on the sale of UK investment property whilst UK resident/domiciled
In this article, exclusively for our Practitioner members, we explore how UK residents and domiciliaries can use a Cyprus offshore structure to potentially avoid UK CGT completely on the disposal of U . . . keep reading



Latest Non-Residence Articles

 
Latest Non Domicile Articles

Latest Inheritance Tax Articles

Latest CGT Articles

Latest Offshore Tax Articles

 Discussion Forum
Recent Forum Posts - Practitioners Forum
• Should I use an LLP or Ltd Co?
• "UK Home" for Statutory Residence Test
• Entrepreneurs Relief on Foreign shares?
• Splitting a property into flats - reducing tax
• Mauritian company to avoid CGT
• BVI company for online trading?
• Best way to purchase UK property as a non resident?
• 30 day B&B rule
• share dealing by individual
• UK property owned by Jersey Company managed by UK company
Search Discussion

 PRESS COMMENTS
 AMAZON REVIEWS

Just what I needed all the information at my fingertips- 13, April, 2014

Everything you wanted to know about saving on your taxes- 24, May, 2014

Makes taxes seem almost sexy-almost! But very helpful and thats what counts- 29, May, 2014

All you need to know about capitals gains tax.....- 29, Jan, 2014

 TESTIMONIALS
Here's what our members are saying ...
"I joined the site after reading an offshore tax guide and was certainly not disappointed. The practical and 'to the point' tax planning has already saved me a considerable sum. I'd recommend this website to anyone."
Jerry Brown, Edinburgh


"From my experience, the advice offered by the team at WPR is second to none and compliments what is normally provided by a high street accountant and offers members quality analysis and advice on complicated tax situations both on and offshore.

I regularly receive a blank look and "I don't know about that" with regard to more imaginative questions and a visit to this site helps me move on. thank you."
Peter Jones, Germany


"I've saved £5,659 in CGT by using this site to double check my accountants advice. My wife has also identified further income tax savings of over £2,000 as result of the property tax articles. In our case it's well worth the £10 membership fee."
Derek Bailey, Birmingham


I must thank you for the most informative reply to my enquiry. It is so extensive, I intend setting an evening aside to absorb it all.

Again, thank you for a most useful website.
RB, UK


"Well written reports that are clear and insightful. I look forward to reading them every week!
Natasha Foude, France


"I have to say your web site is by far the best prepared and most informative that I have seen."
Elsa Budding, Newcastle


"I'm planning my emigration and the offshore reports are exactly what I'm looking for. I'll definitely be renewing!"
Sarah Mather, Reigate, Surrey.


"The property tax advice service was excellent, and I'd have no problems recommending it to anyone. I received my answer within 1 day and was very pleased with the response
Robert Saunders, Leicester