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Six to 370m: Budget speech by numbers

23 March 2011
Categories: News , Budget 2011
Key numerals from the Chancellor's tax-related measures

6 where UK sits in the list of European tax rates from highest to lowest.

12 years that non-doms will have been in the UK when they are charged £50,000.

43 tax reliefs to be abolished.

50 pence tax rate that is only a 'temporary measure'.

94 mentions of tax, taxes or taxation.

100 pages to be removed from the tax code as a result of fewer reliefs.

2012 year in which the default indexation assumption for direct taxes will move to the consumer prices index.

225 percentage level of the small companies R&D tax credit from 2012.

989 years in which the millennium gift aid system will next be needed.

100,000 charities predicted to benefit from Gift Aid reform.

1,100,000 low-paid people set to be removed from tax system.

14,000,000 estimated amount lost through avoidance and evasion in 2008.

370,000,000 cost to Exchequeur of extention to rate holiday for small businesses.
 

Categories: News , Budget 2011
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