Barnes Roffe

Tax Facts 2003/04

 
Central London, East London, Uxbridge and Dartford

Monday, September 08, 2008   
Income Tax
Personal Pensions (PPS) & Retirement Annuities (RAP)

Car Benefits

National Insurance

Capital Gains Tax

Inheritance Tax

Corporation Tax

Valu Added Tax

Key Assessment Dates

Inheritance Tax

Threshold: 2003/2004 - £255,000; 2002/2003 - £250,000. A flat rate of tax of 40% is levied for transfers in excess of the threshold. For transfers made within 7 years of death a reduced charge applies.
Years between death and gift 0-3
%		 3-4
%		 4-5
%		 5-6
%		 6-7
%
Death Charge 100 80 60 40 20

 

Income Tax | Personal Pensions & Retirement Annuities | Car Benefits | National Insurance Contributions | Capital Gains Tax

Inheritance Tax | Corporation Tax | Value Added Tax | Key Assessment Dates

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