Budget 2003


Main Income Tax Reliefs

Income Tax Rates and Bands

Car Benefit Assessment

Tax Free Mileage Allowances

National Insurance Contributions

Personal Pensions and Retirement Annuity Premiums

Inheritance Tax

Value Added Tax

Capital Gains Tax

Corporation Tax

Main Capital Allowances

Stamp Duty

Earliest due dates for payment of tax

Main Income Tax Reliefs

Allowed at top rate of tax 2003/04 2002/03
Personal Allowance £4,615 £4,615
Personal Allowance (65-74)*
Enterprise Investment Scheme annual limit* 150,000 150,000
Venture Capital Trust annual limit* 100,000 100,000
* Relief restricted to 20%