| Income Tax |
|
| Employment |
Most tax paid under PAYE |
| Interest, dividends |
Lower/basic rate liability usually
settled before receipt |
| Untaxed sources, plus balance on
employment and higher rates on investment income (self assessment) |
Payments on account for 2006/07 on
31.1.07 and 31.7.07 based on 2005/2006 tax; balance due 31.1.2008
with first instalment for 2007/08. |
| Capital Gains Tax |
31 January following the tax year. |
| Inheritance Tax |
Normally 6 months after month of
death. |
| Corporation Tax |
Large companies pay by instalments
starting 6 1/2 months through the accounting period;
small/medium companies pay 9 months and 1 day after end of period. |
