budget report 2010

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Main Capital and Other Allowances

2010/11
Plant & machinery 100% annual investment allowance (first year) £100,000
Plant & machinery (reducing balance) pa
 20%
Patent rights & know-how (reducing balance) pa
 25%
Certain long-life assets, integral features of buildings (reducing balance) pa
 10%
Industrial & agricultural buildings (straight line) 1%
Energy & water-efficient equipment 100%
Zero emissions goods vehicles (new)
 100%
Qualifying flat conversions, business premises & renovations 100%
 
Motor cars: Expenditure on or after 1/4/09 (corporation tax) or 6/4/09 (income tax)
CO2 emissions of g/km: 
110 or less* 111-160 161 or more
Capital allowance: 100%
first year		 20%
reducing balance		 10%
reducing balance
* If new

Research & Development: Capital expenditure 100%
  Revenue expenditure:
- small/medium-sized companies
- large companies		 175%
130%

Budget Summary

  1. Introduction
  2. Personal and Trust taxation
  3. Capital Gains Tax
  4. Value Added Tax
  5. Miscellaneous issues
  6. National Insurance Contributions (emergency budget

Tax Tables

  1. Basic State Pension
  2. Capital Gains Tax
  3. Car Benefit For Employees
  4. Company Cars
  5. Corporation Tax
  6. Fuel Benefit
  7. Income Tax
  8. Inheritance Tax
  9. Individual Savings Accounts (ISAs)
  10. Main Capital and Other Allowances
  11. Main Due Dates for Tax Payment
  12. Main Personal Allowances and Reliefs
  13. National Insurance Contributions
  14. Registered Pensions
  15. Stamp Duties
  16. Tax-Free Mileage Allowance
  17. Value Added Tax

Emergency Budget 2010 Video

We will be recording our Emergency Budget 2010 seminar and publishing it on the website.

If you would like us to notify you when this recording is released please register your interest below and let us help you to prepare your company for the coming tax year.

Simply enter your contact details below and we will be in touch as soon as it is ready to watch.

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Recordings of our Budget 2010 seminars are already available to view.

Click here to watch our Budget 2010 Seminar.

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Download our PDF Summary

We've summarised all of the key points of the budget in the following documents

Budget Summary Tax Facts