Pre Budget Report Speculation

Increase in Vehicle Excise Duty delayed.

Tax threshold to remain at £6,000 for 12 months.

Increased tax rate for higher earners.

Higher rate of tax on alcohol bought, but not consumed on premises.

Increase National Insurance Contributionns threshold.

Additional help for those facing repossesion.

VAT temporarily reduced to 15%.

Announce measures to combat income shifting.

Winter fuel allowance to be increased.

1% Reduction in employers National Insurance contributions.

Threshold on working tax credit increased to compensate households with an income below £20,000.

Corporation tax to stay as it is.

Announce measures to help small businesses with cash flow problems.

Decrease public bodies payment terms so small businesses supplying public bodies are paid within 14 days of date of invoice.

Pre-budget speculation

This entry was posted in Waffling
November 23, 2008

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