BUDGET March 2006

Welcome to the 2006 Budget Tax Facts

Written immediately after the Chancellor of the Exchequer delivered his Budget Speech, this Report covers the principal business and personal taxation announcements.

Most taxation changes take effect from the start of the financial year, or tax year, but this is not always the case.

• Introduction
• Personal Taxation
• Employee Taxation
• Investment Reliefs
• Capital Gains Tax
• Trusts
• National Insurance Contributions
• Tax Credits
• Inheritance Tax
• Business Tax
• Corporation Tax
• Value Added Tax
• Stamp Duty
• Insurance Premium Tax

How to make the most of our services

• Please read the Report as soon as possible.
• Contact us as soon as possible, before you act not after, to discuss any action you may be considering, and to review your longer term plans. We always welcome the opportunity to help.

This budget information is prepared for guidance only.

We recommend that you contact us for advice before acting on any information presented here and we cannot accept responsibility for any action taken without such advice.