Budget 2008 - Supplementary Documents
- Budget illustrative tables
- Consultation documents
- Draft Finance Bill Clauses
- Others
- Research Report 44
- Impact Assessments (IAs)
- Review of Links with Large Business
Budget illustrative tables
Consultation documents
Reports / Summaries of Responses
- HM Revenue & Customs and Business: Tax Representative Requirements for Overseas Insurers - Summary of Responses (PDF 62K)
- Voluntary Disclosure of Errors on Indirect Tax Returns - Summary of Responses (PDF 111K)
- Child Trust Fund: consultation on the voucher requirement for account opening - Summary of Responses (PDF 63K)
- HM Revenue and Customs & the Taxpayer Tax Appeals against decisions made by HMRC - Summary of Responses and Future Direction March 2008 (PDF 111K)
Draft Finance Bill Clauses
- Appropriations from trading stock - Draft Legislation and Explanatory Note (PDF 94K)
- Financial Products Avoidance: Disguised interest and transferring rights to lease rentals - Draft Legislation and Explanatory Statement (PDF 94K)
- Controlled Foreign Companies - Draft Finance Bill legislation & Explanatory Notes (PDF 87K)
- Capital allowances buying and acceleration - Draft Finance Bill legislation and draft Explanatory Note (PDF 32K)
- Ring fence trade: no deduction for expenses of investment management - Draft Finance Bill legislation and draft Explanatory Note (PDF 85K)
- Charge where consideration includes rent: 0% band - Draft clause and Explanatory Note (PDF 44K) - This document was amended to include the draft clause at 16:00pm 12 March 2008.
- Notification and registration of transaction - Draft clause and Explanatory Note (PDF 51K) - This document was amended to include the draft clause at 16:00pm 12 March 2008.
- Alternative property finance: anti-avoidance - Draft clause and Explanatory Note (PDF 81K)
- Withdrawal of group relief - Draft clause and Explanatory Note (PDF 33K)
- Restrictions on trade loss relief for individuals - Draft clause and Explanatory Notes (PDF 140K)
- Funds of Alternative Investment Funds - Draft Regulations to implement the tax framework for Funds of Alternative Investment Funds (PDF 63K) - published by HM Treasury on 22 February 2008
- The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 - Draft Regulations and Explanatory Notes (PDF 303K)
- Employment-related securities etc: deductible amounts etc - Draft Regulations and Explanatory Notes (PDF 86K)
- UK residence and foreign partnerships - Legislation and Explanatory Notes (PDF 186K)
- Charge on termination of interest in possession where new interest acquired - Legislation and Explanatory Notes (PDF 73K)
- IBA/ABA abolition - Draft Finance Bill legislation and Explanatory Notes (PDF 227K)
Others
- Delivering a new relationship with business - Update on HMRC’s admin burden targets and what we are doing for SMEs (PDF 99K)
- Reduction of Stamp Duty Administrative Burden Removal of £5 Stamp Duty Charges - Guidance Note (PDF 66K)
- Gift Aid - Administrative changes and proposals - Guidance Note (PDF 70K)
- Capital gains tax: Relief on disposal of a business (Entrepreneurs' relief) (PDF 28K) - Examples (PDF 28K)
- Saving Gateway Budget
- Tax Credits – Improved Services and Communications
- VAT: Withdrawal of the Staff Hire Concession - Technical Note - This document was added to the supplementary zip file at 16.00pm on 12 March 2008.
- Protecting Tax Revenues - Discussion Paper (PDF 282K)
- Simplifying anti-avoidance legislation: A progress report on the anti-avoidance simplification review - Discussion Paper (PDF 219K)
- Amendment to the VAT exemption for fund management services, publication of the draft amending legislation, explanatory memorandum and guidance concerning changes announced at Budget 2008 in Budget Note 74 (PDF 50K).
Research Report 44 - Study of the impact of the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) on company performance
Impact Assessments (IAs)
Consultation Stage
- National Insurance: Collection of Class 2 contributions with Self Assessment (PDF 115K)
- The Saving Gateway (PDF 91K)
Final Stage
- Provision to allow businesses to write off small amounts of unrelieved expenditure on plant and machinery (PDF 124K)
- R&D Tax Credit (PDF 105K)
- The extension of Corporation Tax (CT) loss carry back (PDF 79K)
- Change to Petroleum Revenue Tax obligations (PDF 71K)
- Extending 100% First Year Capital Allowances (FYA) within ring fence trades (PDF 81K)
- Extension of Corporation Tax (CY) post cessation period (PDF 78K)
- Stamp Duty: Reduction of Administrative Burden (PDF 80K)
- Review of the Insurance Premium Tax (IPT) tax representative provisions (PDF 83K)
- Stamp Duty Land Tax: Reduction of Administrative Burden - Notification Threshold (PDF 87K)
- Changes to indirect taxes voluntary disclosure arrangements (PDF 214K)
- Repeal of obsolete anti-avoidance legislation (PDF 76K)
- Decision to allow specified Northern Rock customers to reinvest withdrawn ISA funds (PDF 150K)
- Technical improvements for taxation of pension schemes (PDF 169K)
- Widening the scope of authorised payments that may be made by registered pension schemes (PDF 111K)
- Property AIFS (Property Authorised Investment Funds) (PDF 72K)
- Climate change levy accounting document (CCLAD) simplification (PDF 136K)
- The withdrawal of the VAT: Staff Hire Concession (PDF 55K)
