Sterling Partners Analysis of Budget 2011

This summary covers key tax changes announced in the Chancellor's speech and includes tables of the main rates and allowances.

We recommend that you review your financial plans throughout the year, as some aspects of the Budget will not be implemented until later in the tax year.

We will, of course, be happy to discuss with you any of the points covered in this report, and help you adapt and reassess your plans in the light of any legislative changes. Therefore please feel free to get in touch with us and one of our team members will be happy to help.

Main Income Tax reliefs
Income Tax Rates and bands
Car Benefit Assessment
Tax Free Mileage Allowances
National Insurance Contributions
Pension Contributions
Inheritance Tax
Important Annual Limits
Value Added Tax
Capital Gains Tax
Corporation Tax
Main Capital Allowances
Stamp Duty & Stamp Duty Land Tax
Earliest due dates for payment of tax