UK Budget 2010
fst FST EU www.fsteurope.com UK 2010 budget 1.25% Growth forecast £2.5bn £167bn borrowing for 2011 one-off growth package paid From the Banks For Infrastructure £100m for local roads £8bn £2bn £94bn £2bn £285m £1tr Paid back from banks for support bank bonus tax From the New business loans green infrastructure fund for improvements to motorways from RBS and Lloyds given to banks for support over next year Stamp Duty Alcohol Duty Fuel Duty Tobacco Duty Cider x2 Wine, beer, spirits 1% 2% over subsequent years Doubling of stamp duty allowance from £125,000 to £250,000 for first time buyers 3p overall Offshore Tax increase for properties III 5% over £1m T raised from £500m tax evasion 1p 1p 1p Tax information agreements with Dominica, Grenada and Belize 2% 10% April October January Sources: BBC Guardian fst FST EU www.fsteurope.com UK 2010 budget 1.25% Growth forecast £2.5bn £167bn borrowing for 2011 one-off growth package paid From the Banks For Infrastructure £100m for local roads £8bn £2bn £94bn £2bn £285m £1tr Paid back from banks for support bank bonus tax From the New business loans green infrastructure fund for improvements to motorways from RBS and Lloyds given to banks for support over next year Stamp Duty Alcohol Duty Fuel Duty Tobacco Duty Cider x2 Wine, beer, spirits 1% 2% over subsequent years Doubling of stamp duty allowance from £125,000 to £250,000 for first time buyers 3p overall Offshore Tax increase for properties III 5% over £1m T raised from £500m tax evasion 1p 1p 1p Tax information agreements with Dominica, Grenada and Belize 2% 10% April October January Sources: BBC Guardian fst FST EU www.fsteurope.com UK 2010 budget 1.25% Growth forecast £2.5bn £167bn borrowing for 2011 one-off growth package paid From the Banks For Infrastructure £100m for local roads £8bn £2bn £94bn £2bn £285m £1tr Paid back from banks for support bank bonus tax From the New business loans green infrastructure fund for improvements to motorways from RBS and Lloyds given to banks for support over next year Stamp Duty Alcohol Duty Fuel Duty Tobacco Duty Cider x2 Wine, beer, spirits 1% 2% over subsequent years Doubling of stamp duty allowance from £125,000 to £250,000 for first time buyers 3p overall Offshore Tax increase for properties III 5% over £1m T raised from £500m tax evasion 1p 1p 1p Tax information agreements with Dominica, Grenada and Belize 2% 10% April October January Sources: BBC Guardian fst FST EU www.fsteurope.com UK 2010 budget 1.25% Growth forecast £2.5bn £167bn borrowing for 2011 one-off growth package paid From the Banks For Infrastructure £100m for local roads £8bn £2bn £94bn £2bn £285m £1tr Paid back from banks for support bank bonus tax From the New business loans green infrastructure fund for improvements to motorways from RBS and Lloyds given to banks for support over next year Stamp Duty Alcohol Duty Fuel Duty Tobacco Duty Cider x2 Wine, beer, spirits 1% 2% over subsequent years Doubling of stamp duty allowance from £125,000 to £250,000 for first time buyers 3p overall Offshore Tax increase for properties III 5% over £1m T raised from £500m tax evasion 1p 1p 1p Tax information agreements with Dominica, Grenada and Belize 2% 10% April October January Sources: BBC Guardian fst FST EU www.fsteurope.com UK 2010 budget 1.25% Growth forecast £2.5bn £167bn borrowing for 2011 one-off growth package paid From the Banks For Infrastructure £100m for local roads £8bn £2bn £94bn £2bn £285m £1tr Paid back from banks for support bank bonus tax From the New business loans green infrastructure fund for improvements to motorways from RBS and Lloyds given to banks for support over next year Stamp Duty Alcohol Duty Fuel Duty Tobacco Duty Cider x2 Wine, beer, spirits 1% 2% over subsequent years Doubling of stamp duty allowance from £125,000 to £250,000 for first time buyers 3p overall Offshore Tax increase for properties III 5% over £1m T raised from £500m tax evasion 1p 1p 1p Tax information agreements with Dominica, Grenada and Belize 2% 10% April October January Sources: BBC Guardian fst FST EU www.fsteurope.com UK 2010 budget 1.25% Growth forecast £2.5bn £167bn borrowing for 2011 one-off growth package paid From the Banks For Infrastructure £100m for local roads £8bn £2bn £94bn £2bn £285m £1tr Paid back from banks for support bank bonus tax From the New business loans green infrastructure fund for improvements to motorways from RBS and Lloyds given to banks for support over next year Stamp Duty Alcohol Duty Fuel Duty Tobacco Duty Cider x2 Wine, beer, spirits 1% 2% over subsequent years Doubling of stamp duty allowance from £125,000 to £250,000 for first time buyers 3p overall Offshore Tax increase for properties III 5% over £1m T raised from £500m tax evasion 1p 1p 1p Tax information agreements with Dominica, Grenada and Belize 2% 10% April October January Sources: BBC Guardian
UK Budget 2010
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