The registration threshold for VAT will rise to £68,000 from 1 May 2009

2009-10 rates and allowances for VAT, Income tax, Capital Gains tax, Inheritance tax, Corporation tax on profits, National Insurance Contributions, the Working and Child Tax Credit, Guardian’s Allowance, stamp taxes and duties, transfers of shares and stocks, tobacco and alcohol duties, gambling tax, fuel duties, vehicle excise duties and tax relief for business expenditure on cars can be found by following the link below:


http://www.hm-treasury.gov.uk/bud_bud09_press02.htm

www.ukba.co.uk

Decrease in NI costs could boost small businesses

Small business owners believe that a reduction in employers' National Insurance contribution rate in the forthcoming Budget would provide the biggest boost for their business, according to a new survey by Intuit.

More than 45% of those surveyed listed this as the number one measure that they wanted to see the Chancellor implement, followed by 33% who called tighter government controls of bank charges and 27% who want a further deferment of the rate of increase of corporation tax.

Small firm owners are pessimistic over the budget, with only 10% of respondents believing that April's Budget will include measures that will have a positive impact on their businesses.

Read more: http://www.newbusiness.co.uk/news/ni-reduction-tops-small-firm-owners-wish-list-april-budget

www.ukba.co.uk