Pre-Budget Report 2008

Monday 24 November

 

Overview

 

Value Added Tax (VAT)

            Changes to the standard rate of VAT

            Flat Rate Scheme entry rules

 

Measures for business

            Corporation tax: Small Companies’ Rate (SCR)

Extension of trading loss carry back

Finance for SMEs

Empty Property Rate Relief

Interest-free payment schedule for backdated business rates bills

Income shifting

Taxation of foreign profits

New Business Payment Support Service

 

Personal measures

Income tax

National Insurance Contributions

Pension savings

Child benefit

Child tax credit

State Pension

Saving Gateway scheme

Mortgages

 

Green measures

Fuel duty

Vehicle Excise Duty

Air Passenger Duty

 

 

What they said

 

  

This guide is for general information only. No responsibility is taken for any action taken or refrained from in consequence of its contents. Always seek professional advice before acting.