Excise duties
Stamp duty land tax
The £175,000 higher threshold level of stamp duty for purchases of residential property will now remain in place until 31 December 2009. This was due to revert back to £125,000 from 3 September 2009. From 1 January 2010 the threshold for residential property in disadvantaged areas reverts back to £150,000.
Excise duties rise by 2 per cent with the resultant increase in retail prices:
Fuel duty
Fuel duty will increase by 2 pence per litre on 1 September 2009, and by 1 pence per litre in real terms each year from 2010 to 2013.
Tobacco and alcohol duties
| Tobacco products: from 6pm on 22 April 2009 | |
|---|---|
| Cigarettes | 7p for a packet of 20 |
| Cigars | 3p for a packet of 5 |
| Hand-rolling tobacco | 7p for 25g |
| Other smoking/chewing tobacco | 4p for 25g |
| Alcohol: from 23 April 2009 | |
| Beer | 1p a pint |
| Wine | 4p for a 75cl bottle |
| Sparkling wine | 5p a 75cl bottle |
| Spirits | 13p for a 70cl bottle |
| Spirits-based ready to drink | 1p for a 275 ml bottle |
| Cider and perry | 1p a litre |
Victoria Street,
St Albans,
Herts,
AL1 3SE
T: 01727 833222
F: 01727 864752
Tavistock Square,
London,
WC1H 9LG
T: 020 7388 2641
F: 020 7387 8969
Copyright © Rayner Essex. All rights reserved. Terms and Conditions. Disclaimer. Rayner Essex is a business name of Rayner Essex LLP, which is a limited liability partnership registered in England under number OC338376, VAT Registration number: 2350 760 81.
Its registered office is at Tavistock House South, Tavistock Square, London WC1H 9LG. Rayner Essex Chartered Accountants are registered to carry on audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. The term partner is used to refer to a member of Rayner Essex LLP