Return to the Budget Report

About The Guide

Income Tax

Capital Gains Tax

Corporation Tax

Main Capital Allowances

Value Added Tax

Inheritance Tax

Vehicle Benefits

Mileage Allowances

National
Insurance Contributions

Key Dates & Deadlines

Pension Premiums

Profit Related Pay

Charitable Giving

Savings & Investments

Some Useful Rates

Stamp Duties

Budget Report

     


Profit Related Pay


Maximum tax-free pay
for profit periods beginning in maximum
1998 £2,000
1999 £1,000
2000 nil

Although many profit related pay schemes continue beyond 31 December 2000, all payments under such schemes for profit periods beginning in 2000 and later years have been fully taxable.