Budget 2008


Personal Income Tax

Tax Credits

National Insurance Contributions


Savings & Investments

Capital Gains Tax

Stamp Duty Land Tax

Inheritance Tax

Corporation Tax

Business Tax

Value Added Tax

Other Measures

Tax Tables

National Insurance

Stamp Duty Land Tax

Zero-carbon flats

Purchasers of new "zero-carbon" flats with a price of up to £500,000 will enjoy a new exemption from Stamp Duty Land Tax. This relief is to be backdated to 1 October 2007.

Small share transfers

With effect from Budget Day, the transfer of stocks and shares for a consideration of up to £1,000 will be exempt from Stamp Duty. Previously a £5 minimum charge applied.

Shared ownership properties

In a shared ownership scheme a tenant purchases part of his house, pays rent for the remainder and is given an option to acquire the reversion. With effect from Budget Day, buyers of shared ownership properties will only pay Stamp Duty Land Tax when they acquire the final 20% of the property, unless they choose to pay the tax upfront.


Website designed by

budget 2014 | budget 2013 | budget 2012 | budget 2011 |
budget 2009| budget 2008 | budget 2007 | budget 2006 | budget 2005 | budget 2004 |
budget 2003 | accountants | about us | services | testimonials | links | map | contact us |
Regulated by the Association of Chartered Certified Accountants