Tax Rates & Allowances 2009-10

• Income Tax
• Pensions & Savings
• Vehicles
• Corporation Tax
• Main Capital Allowances
• Value Added Tax
• National Insurance
• Capital Gains Tax
• Inheritance Tax
• Stamp Taxes
• Selected Rates

Stamp Duty Land Tax
Stamp duty is payable on transfers or leases of UK land & interests in property investment partnerships holding UK land & is a liability of the purchaser. Special rules apply to transactions involving partnerships
Value	Stamp Tax
Up to £125,000*	nil
Over £150,000 - £250,000	1%
Over £250,000 - £500,000	3%
Over £500,000	4%

Selected Rates
		£
Basic Retirement Pension	- Single Person	95.25
	- Married Couple	152.30
	- Age addition 80+	0.25 (each)
Child Benefit	- First eligible child	20.00
	- Each subsequent child	13.20
Statutory Pay Rates	average weekly pay £95 or over:
Sick(SSP)	Standard rate	79.15
Maternity(SMP)	90% of average weekly pay	First 6 weeks
	Max.£123.06 Min.90% average weekly pay	Next 33 weeks
	Minimum rate	85.50
Adoption(SAP)		39 weeks
Paternity(SPP)		2 weeks
SAP/SPP - 90% of average weekly pay		Mx.£123.06 Min £85.50
Example Rates:
Jobseekers Allowance	- Single Person	64.30
	- Married Couple	100.95
National Minimum Wage	Age	Hourly Rate
From October 2008	16 and 17	£3.53
	18 - 21	£4.77
	Over 21	£5.73
From October 2009	16 and 17	-
	18 - 21	-
	Over 21	-