Terence Houghton & Co. Ltd

2009-10 Tax Rates

• Income Tax Rates
• Income Tax Reliefs
• Tax Credits
• Pension Premiums
• Car, Van, Fuel Benefits
• Mileage Allowances
• Individual Savings (ISAs)
• Corporation Tax
• Capital Allowances
• Value Added Tax
• Capital Gains Tax
• Inheritance Tax
• Stamp Duty, Land Tax
• National Insurance
• Social Security Benefits
• Key Dates

Mileage Allowances

These rates represent the maximum tax free mileage allowances for employees using their own vehicles for business. Any excess is taxable. If the employee receives less than the statutory rate, tax relief can be claimed on the difference.