Chargeable on employees earning £8,500 or over (including benefits), and directors. car benefit car fuel benefits company vans car benefit The taxable benefit is calculated as a percentage of the list price of the car, on the day before it was first registered, plus certain accessories. This percentage depends upon the rate at which the [...]

From 4 Jan 2011 1 Jan 2010 Standard Rate 20% 17.5% VAT fraction 1/6 7/47 Reduced Rate 5% 5% Taxable Turnover Limits Registration – last 12 months or next 30 days over £70,000 from 1 April 2010 Deregistration – next 12 months under £68,000 from 1 April 2010 Cash accounting scheme – up to £1,350,000 [...]

The rate of stamp duty / stamp duty reserve tax on the transfer of shares and securities is generally payable at 0.5 per cent. stamp duty land tax new leases Duty is charged according to the net present value of all the rental payments over the term of the lease (NPV), with a single rate [...]