Greenhow & Co
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OTHER PERSONAL TAXES AND NATIONAL INSURANCE

TAXATION RATES & THRESHOLDS, ETC.
20010/11 2009/10 2008/09 2007/08     2006/07  
CAPITAL GAINS TAX
Exempt Annual Gains  £ 10,100  £ 10,100  £ 9,600  £ 9,200  £   8,800
Taper Relief Non-Business
      3 complete years   N/A   N/A   N/A   5.0%   5.0%
     Each Additional year   N/A   N/A   N/A   5.0%   5.0%
     Max. (for 10 years+)   N/A   N/A   N/A 40.0% 40.0%
Taper Relief Business Asset
     1 complete year      N/A   N/A   N/A 50.0% 50.0%
     2 complete years   N/A   N/A   N/A 75.0% 75.0%
Entrepreneurs Effective Rate  10%
Tax: Flat Rate To 22 June 2010

18.0%

 18.0% 18.0%   N/A   N/A
Tax: Standard Rate From 23 June 2010

18.0%

N/A

N/A

 20.0% 20.0%
Tax: Higher Rate From 23 June 2010

28%

N/A

N/A

 20.0% 20.0%
Higher Rate                 

N/A

40.0% 40.0%
INHERITANCE TAX
Amount Exempt £325,000 £325,000 £312,000 £300,000 £285,000
Rate 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% _

NATIONAL INSURANCE

N I C Monthly STANDARD CONTRIBUTIONS 2010/11

CLASS 1 EMPLOYMENT:      PAY Employee Employer
  
  On First (Earnings Threshold) £  476 00.00% 00.00%
  On next  £3,180 11.00% 12.80%
  Above  £3,656 01.00% 12.80%
Class 1A NIC (p.a.) Benefit Nil 12.80%
Individual
CLASS 2 SELF-EMPLOYED  £2.40       Flat rate Per Week
CLASS 3 VOLUNTARY £12.05        Flat rate Per Week
CLASS 4 SELF-EMPLOYED Per Annum
On Profits 
00.00% £  5,715  00.0%
08.00% £ 38,160  08.0%
01.00%l £ 43,875  01.0%

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