Tax rates & allowances Norfolk : Grant Matthewson

Capital allowances

Plant and machinery allowances and the allowances available for other assets.

Capital gains tax

Standard and higher rates of capital gains tax (CGT) together with the annual exemption. The special rate of CGT and the limit applying for entrepreneurs’ relief purposes.

Child benefit

Weekly amounts of child / working tax credits and child benefit.

Corporation tax

Companies pay corporation tax on their income and gains. View the current rates and estimate the tax due.

Income tax

Estimate your personal income tax liability using the current rates. View the current rates here.

Individual Savings Account (ISA)

The annual ISA investment limits.

Inheritance tax

Inheritance tax rates and allowances.

Minimum wage

Statutory minimum wage levels.

National insurance

Earnings thresholds and contribution percentages for Class 1 (employed), Class 2 and 4 (self-employed) and Class 3 (voluntary) national insurance contributions.

Pensions

Details of the amounts of tax relievable pension contributions for individuals and employers.

Stamp duty & land taxes

The current percentages of stamp duty and the various UK property/land transaction taxes.

Statutory pay

Current weekly amounts.

Tax reliefs for individuals

EIS, SEIS, VCTs and SIR.

Value added tax

The current VAT percentages and the annual registration and deregistration thresholds.

Vehicles

Calculate the taxable benefit using the relevant tables for employer provided cars, vans and related fuel.

The latest news

08 Sep 2025

Autumn Budget to be delivered on 26 November

The Autumn Budget will be delivered on 26 November by the Chancellor of the Exchequer, HM Treasury has announced.

08 Sep 2025

Over 850,000 self employed to be pulled into first phase of Making Tax Digital

HMRC has confirmed that 864,000 self-employed workers and landlords will be pulled into the quarterly reporting rules for Making Tax Digital (MTD) for Income Tax when it comes into force.

08 Sep 2025

Homebuyers get bogus SDLT claims warning

Homebuyers are being warned to avoid Stamp Duty Land Tax (SDLT) scams, following a landmark Court of Appeal decision.

Signup for our monthly enewsletter

Our FREE monthly eNEWS email will keep you up to date with the latest news in accounting.

Accessibility links

Tax rates & allowances

The latest news

Autumn Budget to be delivered on 26 November

Over 850,000 self employed to be pulled into first phase of Making Tax Digital

Homebuyers get bogus SDLT claims warning

Signup for our monthly enewsletter