Budget 2009 Introduction Main Income Tax reliefs Income Tax Rates and bands Car Benefit Assessment Tax Free Mileage Allowances National Insurance Contributions Pension Contributions Inheritance Tax Value Added Tax Capital Gains Tax Corporation Tax Main capital allowances Stamp Duty & Stamp Duty Land Tax Earliest due dates for payment of tax

Value Added Tax Standard rate (3/23 of VAT-inclusive price) 15% Registration level from 1.5.09 £68,000 per annum Deregistration level from 1.5.09 £66,000 per annum Standard rate rises to 17.5% on 1.1.10 Scale Charges (from 1.5.09) The scale charges for private use of business fuel change are based on the CO2 emissions rating of the car. A different charge will apply for each 5g/km increase between 135g/km and 235g/km (max). For a 3 month period: 120 or less £109.57 net £16.43 VAT 121-135 164.35 net 24.65 VAT rising per 5g/km by approx* 11.00 net 1.65 VAT 235 or above 383.48 net 57.52 VAT * exact figures must be obtained from full table. Rates will rise on 1.1.10 when the standard rate reverts to 17.5%.