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

Stamp Duty

% of Total Consideration
Shares and marketable securities 0.5%
Land and other property *  
0 - £60,000 NIL
£60,001 - £250,000 1%
£250,001 - £500,000 3%
£500,001 and over 4%
*From 1.12.03, these rates only apply to transfers of land or of interests in partnerships. Different rates apply for land in disadvantaged areas.