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Tax Rates March 2011
Many of the figures are fundamental to our business and personal lives and you will find the key taxes summarised at the following link: www.rowleys.biz/taxrates-march2011. We are sure that you will find it a useful point of reference throughout the coming tax year.
Long term planning for a comfortable retirement can never start too early. Our summary explains how much can be contributed to an approved pension scheme each year tax efficiently.
And finally, in the words of Adam Smith, there is no art which one government sooner learns from another than that of draining money from the pockets of the people. Our summary contains the main inheritance tax rates and exemptions but early planning can mitigate these tremendously. For example, a bit of simple tax planning can often make a world of difference - getting the right Will in place could save your family £130,000!
The rates are intended for use as a quick point of reference when needed, so it may be worth saving the page to your favourites. Should you require any further information, have a simple question or require detailed advice we are only a phone call or email away.