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Facts and Figures - Tax Deposit Certificates

02 May 2001
Issue: 3805 / Categories:

Tax Deposit Certificates

Rates of interest on and after 6 Apr 2001 Applied for
taxCashedDeposit of under


2.00%


1.00%


£100,000 or over:



months held



(a) under 1


2.00%


1.00%


(b) 1 but less than 3

Tax Deposit Certificates

Rates of interest on and after 6 Apr 2001 Applied for
taxCashedDeposit of under


2.00%


1.00%


£100,000 or over:



months held



(a) under 1


2.00%


1.00%


(b) 1 but less than 3


4.25%


2.25%


(c) 3 but less than 6


4.00%


2.00%


(d) 6 but less than 9


3.75%


2.00%

(e) 9 to 12 months

3.50%


1.75%



United Kingdom Bank Base Rates


From


To


p.a.


10 Feb 2000


7 Feb 2001


6.00%


8 Feb 2001


4 Apr 2001


5.75%


5 Apr 2001


Current


5.50%



Repayment Supplement and Interest on Tax



From 6 May 2001:



Customs:


Pay 8.50%


Receive 5.00%



Income tax, CGT and NIC:



Interest on tax


7.50%



Repayment supplement


3.50%



Inheritance tax


4.00%



Corporation Tax:



Accounting periods 30.9.93-30.6.99



Pay 6.00%


Receive 2.75%



Accounting periods ending after 30.6.99



Pay 7.50%


Receive 4.00%



From 16.4.01 on instalments



Pay: 6.50%


Receive 5.25%



Official Rate of Interest



From 6 Mar 1999


6.25%



State Retirement Pensions



Taxable Amount


2000/01


2001/02


Single


3,510


3,770


Wife (non-contrib.)


2,100


2,257




Foreign Exchange




Rates to Sterling



On


On



30.12.99


31.3.00


Australia


$A2.4631


$A2.6282


EU


euro 1.608


euro 1.6672


France


F10.5473


F10.9359

Germany


Dm3.1448


Dm3.2607


Hong Kong


HK$12.5286


HK$12.4218


Irish Republic


Ir£1.2664


Ir£1.313


Netherlands


f3.5434


f3.674


Portugal


Esc322.359


Esc334.235


Spain


Ptas267.536


Ptas277.391


Switzerland


SwF2.5799


SwF2.6525


U.S.A.


US$1.6117


US$1.5953


Average rates for year to:



30.12.99


31.3.00


Australia


$A2.5075


$A2.5


EU


euro 1.5207


euro 1.563


France


F9.9624


F10.2445


Germany


Dm2.9702


Dm3.0548


Hong Kong


HK$12.5548


HK$12.5157


Irish Republic


Ir£1.2004


Ir£1.2324


Netherlands


f3.3469


f3.4416


Portugal


Esc304.48


Esc313.0858


Spain


Ptas252.6969


Ptas259.8556


Switzerland


SwF2.4307


SwF2.5026

U.S.A.


US$1.6181


US$1.6114

Issue: 3805 / Categories:
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