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Freedman, Frankl & Taylor
Freedman, Frankl & Taylor

Home > > 2008 Pre Budget Report - Wednesday 9 October 2008

2008 Pre Budget Report

Against a background of the current financial crisis the chancellor's second Pre Budget Report is awaited with interest.

2008/09 tax rates and allowances

You and your business

  • Business and capital gains tax
  • Capital allowances
  • Anti-avoidance measures
  • Hedging foreign exchange risks
  • Sale of lessors: Companies in partnership
  • Landfill tax dredging waste
  • Stamp duty land tax

You and personal changes

  • Changes to inheritance tax
  • Capital gains tax increases
  • Fuel benefit charge multiplier increase
  • Income tax self assessment
  • Residence and domicile
  • Irish investment and employment income
  • VAT and housing
  • State second pension and contracting out
  • Reduction of up to £5 in stamp duty in shares and securities
  • Stamp duty land tax - Reduced notification to HM Revenue & Customs
  • Air passenger duty (APD)
  • Inheriting tax-relieved pension savings
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