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Calculators
2000-2001
Mileage Allowance
Income Tax |
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Company Car Tax:
UK Car Benefit & Car Fuel Benefit (2000-2001) |
Notes:
1. Vehicles up to £80,000 only (including VAT, Tax, Delivery. Accessories)
Valid on Directors and those earning above £8,500 pa at highest rate of tax
for the individual. Special rates apply to cars over 15 years old at 5/4/2001 with a
market value over £15,000. Company vans are charged at £500 (£350 if over 4 years).
2. From April 6 2002 a graduated tax based on CO2
emissions will be used - see VCA and SMMT CO2 emission guides).
Other Tax Rates 2000-2001 |
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| Tax
Free Mileage Allowances |
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Up to
4000 miles |
Over
4000 miles |
Cars up to 1000cc
Cars 1001-1500cc
Cars 1501-2000cc
Cars over 2000cc
Motorcycles
Bicycles |
28p
35p
45p
63p
24p
12p |
17p
20p
25p
36p
24p
12p |
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| Main
Income Tax Reliefs |
|
2000-2001 |
1999-2000 |
Personal allowance
Married couple, single parent,
maintenance payments
Widow
Personal age allowance 65-74
" "
"
>74
Married couples age allowance 65-74
" "
"
"
>74
Age allowance income limit
Blind person's allowance |
£4385
-
£2000
£5790
£6050
£5185
£5255
£17,000
£1400 |
£4335
£1970
£1970
£5720
£5980
£5125
£5195
£16,800
£1380 |
Limits |
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Limit of loan for MIRAS
Charitable giving via payroll
Individual savings account annual limit
Gift aid
Rent a room exemption
Enterprise Investment Scheme
Venture Capital Trust |
Nil
Unlimited
£7000
No limit
£4250
£150,000
£100,000 |
£30,000
£1200
£7000
£250
£4250
£150,000
£100,000 |
| Income
Tax Rates and Bands |
Lower rate (10%)on first
Basic rate (22%) on next
Higher rate (40%) at taxable income over |
£1520
£26,880
£28,400 |
£1500
£26,500
£28,000 |
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