Budget 2004


Introduction

Personal Income Tax

Tax Credits

National Insurance Contributions

Employees

Pensioners

Savings

Trusts

Capital Gains Tax

Inheritance Tax

Stamp Duty / Stamp Duty Land Tax

Corporation Tax

Business Tax

Value Added Tax

Other Measures

Tax Tables

National Insurance


Pensioners

Following protests about the difficulty of meeting above-inflation increases in Council Tax, the Chancellor announced that there will be an addition of £100 to the winter fuel payments for pensioners over the age of 70. The increases in personal age allowances are above the rate of inflation, which should remove some pensioners from the charge to tax.


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