Finance Bill 2011 at a glance

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As part of its new approach to tax policy making, the government published 500+ pages of draft clauses and accompanying explanations on 9 December 2010 for measures that will be included in the Finance Bill 2011.

The Finance Bill 2011 will also legislate the annual changes in rates and duties that were announced previously. With the exception of the Capital Gains Tax threshold for individuals in 2011-12, which has yet to be set (and statutory maternity pay rates that we’re still trying to find), the key tax allowances and rates are set out in our 2011-12 tax tables.   This article details a comprehensive list of published measures, with links to those that are of most relevance to members. Further details are available from the HMRC and Treasury websites.   Key topics

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14th Dec 2010 07:12

Statutory payment rates for 2011/12

Go to for the 2011/12 statutory payment rates.

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14th Dec 2010 15:02

Benefits information on a social security website? Surely not!

Shurely shome mishtake?!  The next thing you know, they'll be taking social security benefits work such as working tax credits and child tax credits away from the tax collecting department and moving it to a social security department instead.  Maybe they'll lump them all together as a 'universal credit' and change the DWP to something radical like 'Department of Social Security'?  Sanity might be coming back ...

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