12th MARCH 2008 BUDGET PROPOSALS
AND CHANGES FOR 2008/2009 previously announced
(Subject to details in the Finance Bill)
Ellis Atkins have taken all due care in the presentation of these notes. No responsibility for loss occasioned to any person or company acting or refraining from action as a result of any material in these notes can be accepted by Ellis Atkins, its partners or staff. Please contact us or your own professional advisor for advice specific to your circumstances.

12.1 No changes:

Smoking cessation products – VAT remains at 5%
Air Passenger Duty is unchanged, but is to be replaced by a new Aviation Duty payable per plane some time in the future.

12.2 Increases:

Vehicle Excise Duty - £5 for vehicles registered pre-March 2001.
Vehicles registered after March 2001 are banded A –G and suffer duty ranging from £nil to £400 in 2008/2009 (£300 in 2007/2008) dependant upon CO2 emissions and fuel type.  Most bands increase by £5, except band G vehicles, with CO2 more than 225, increasing by £100.