-
NHS
to get an extra £10bn this year; the investment levels for
2008-11 will be decided in the upcoming spending review.
-
Public
investment in science up 25 per cent to £6.3bn by 2010.
-
Corporation
tax to be reformed with focus on research and development, skills,
intellectual property and environmental aspects.
-
Corporation
tax rate to be cut from 30p in the pound to 28p from April 2008.
-
Brown
to raise tax on small business to 22p in the pound by 2009.
-
Chancellor
announces £50m fund established to protect African rainforests.
-
Insulation
grants worth up to £4,000 to be offered.
-
”Zero
carbon” homes up to £0.5m in value to be exempt from stamp
duty.
-
VAT
to be cut from 17.5 per cent to 5 per cent on environmental
products for the home.
-
Landfill
tax up £8 per year from next year until 2011.
-
Tax
relief on empty business property to be restricted to 6 months and
to 3 months on empty retail and office space.
-
Sir
Nicholas Stern and Professor King to report on renewable energy
innovation in transport.
-
Brown
says vehicle emissions cut by 2 million tonnes since 1997.
-
Annual
fuel duty levy suspended once again until October.
-
Chancellor
rejects proposals to levy VAT on airline tickets as ”not thought
through”.
-
Beer
up 1p per pint from midnight on Sunday, cider up 1p per litre,
wine up 5p a bottle, sparkling wine up 7p a bottle, duty on
spirits remains frozen.
-
20
cigarettes up by 11p from midnight tonight.
-
Chancellor
to raise fuel duty by 2p a litre in 2008 and by 1.8p in 2009.
-
VAT
on nicotine replacement products cut from 17.5 per cent to 5 per
cent.
-
Gaming
duty to be aligned to 15 per cent of profits.
-
£80m
fund established to help small community organisations.
-
Brown
says working tax credit up by £1bn per year.
-
Tax
on highest polluting vehicles or 4x4s up by 30 per cent to £300.
-
”Partnership
for jobs” programme established with major retail chains to
encourage the unemployed back into work.
-
Small
businesses to get £2000 or £3000 for training out of work young
people.
-
Proposals
for a transferable tax allowance between married people rejected.
-
Inheritance
tax allowance to rise from £285,000 to £350,000 by 2010.
-
Chancellor
says VAT on a specified list of housing alterations needed by old
people living with children reduced from 17.5 per cent to 5 per
cent.
-
Cash
ISA allowance up 20 per cent to £3,600 from April next year.
-
Capital
gains tax allowance rises from £8,800 to £9,200 this year.
-
Child
benefit for the first child up 15 per cent by 2010 to £20 per
week.
-
Level
at which family with 2 children pay tax currently at £22,500 set
to rise to £24,250 by 2009.
-
Tax
allowances for under 75s pensioners set to rise to £9,770 by 2011
from £7,280 currently.
-
Pension
Credits to continue to rise in line with earnings.
-
Brown
says 10p income tax band to be scrapped from April 2009.
-
Top
rate income tax to be applied from earnings of £43,000 rather
than from £38,000.
-
Total
education budget to reach £74bn by 2010.
-
Basic
rate of income tax to fall from 22p to 20p from next April.
-
Chancellor
Gordon Brown sits down at the end of his 11th Budget at 13:19 GMT.
-
Gordon
Brown's Budget latest 2007 plus stamp duty
