Budget 2010 Introduction 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

Main Capital Allowances Allowance % Plant and machinery   - annual investment allowance £100,000* 100 - certain energy efficient plant, including low emission cars 100 - writing down allowance: general pool 20 - writing down allowance: special rate pool 10 *£50,000 to 31.3.10 (companies) or 5.4.10 (income tax traders) The special rate pool includes long life assets, integral plant in buildings, thermal insulation and cars with CO2 emissions over 160g/km. The general pool contains other plant and machinery. The old system of cheap/expensive cars has been abolished, but transitional rules cover existing expenditure before April 2009. Industrial building allowances are being phased out: 4% in 2007/08; 3% in 2008/09; 2% 2009/10; 1% 2010/11; nil thereafter.