Budget 2005
Wednesday 16th March
All Revenue news releases and related Revenue documents can be accessed from this page.
- Inland Revenue News Releases
- Inland Revenue Budget Notes
- Inland Revenue Related Information
- Inland Revenue Press Office
- Extract from Debate on No2 Finance Bill
For other Budget documents see Budget 2005 on the HM Treasury Web Site.
HM Treasury will also be providing a separate microsite for a Budget Summary Leaflet which highlights the key points of how the Budget will affect you.
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News Releases
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These documents are available in HTML and PDF formats. To view a PDF document you must have Adobe Acrobat Reader installed on your computer. If you require this material converting to large print or Braille please contact your local HMRC office, or enquiry centre; for paper material contact your ordering service.
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Inland Revenue Budget Notes
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These documents are available in HTML and PDF formats. To view these documents you need to use a PDF file viewer such as Adobe Acrobat Reader. If you require this material converting to large print or Braille please contact your local HMRC office, or enquiry centre; for paper material contact your ordering service.
Related Information
Consultation Documents
- Discussion Paper on the Modernisation of the Taxation of Trusts (PDF 110K)
- Modernising The Tax System For Trusts - Summary Of Responses To The Consultation Document Issued On 13 August 2004 (PDF 115K)
- Working towards a new relationship: a consultation on priorities for reducing the administrative burden of the tax system on small business (PDF 373K) - A three-page summary of this document, and the questions asked, is available.
- Summary Of Responses To Consultation - Tax Relief For Spinout Companies (PDF 92K)
Regulatory Impact Assessments (RIAs)
Full
- Appendix to Regulatory Impact Assessment Simplifying the taxation of pensions March 2005 (PDF 91K) see Simplifying the taxation of Pensions for full RIA (PDF 596K)
- Business Premises Renovation Allowance Scheme (PDF 163K)
- Changes to the Quarterly Instalment Payments Regime for Oil Companies (PDF 87K)
- European Company Statute (PDF 190K)
- Gift Aid and Admissions (PDF 91K)
- Modernising the Tax System for Trusts (PDF 83K)
- Shari’a Compliant Financial Products (PDF 112K)
- Tax Relief for Spinout Companies from Universities and Research Institutions (PDF 136K)
- Tonnage Tax (PDF 140K)
Partial
Illustrative Tables
- Budget Illustrative Tables 2005 (PDF 336K)
Statutory Instruments
- SI 0728 Social Security - The Social Security (Contributions) (Amendment No. 2) Regulations 2005
- Explanatory Memorandum to the Social Security (Contributions) (Amendment No. 2) Regulations 2005 - 2005 No. 728
- SI 0646 Income Tax -The Finance Act 2002, Schedule 26, Parts 2 and 9 (Amendment) Order 2005
- Explanatory Memorandum - The Finance Act 2002, Schedule 26, Parts 2 And 9 (Amendment) Order 2005 S.I. 2005 No. 646
Background Documents
- Payments made by employers to employees when in full-time attendance at universities and technical colleges (PDF 46K)
- Avoidance through Arbitrage - Draft Inland Revenue Guidance (PDF 207K)
- Double Taxation Relief Anti Avoidance - Draft Inland Revenue Guidance (PDF 123K)
- Double Taxation Relief Trade Receipts - Inland Revenue Guidance (PDF 154K)
- Double Taxation Relief Underlying Tax Changes - Inland Revenue Guidance (PDF 72K)
The arbitrage guidance has been updated and the latest version can be found on the Finance Bill page
| Media enquiries to: | 0207 147 2310/2311/2312 |
