Personal tax

It is thought that the Chancellor may use the Budget to announce that last year’s temporary cut in stamp duty will be extended for a further three months.

When Alistair Darling stands up in the House of Commons on 22 April, he will be delivering his Budget speech against the backdrop of one of the worst post-war recessions, if not the worst.

HM Revenue and Customs (HMRC) has announced that, as from 6 April 2009, it is possible to submit self assessment tax returns online that cover earlier years.

The draft of the taxpayers’ charter, which sets out the rights and responsibilities of HM Revenue and Customs (HMRC) and taxpayers, has been described as “inadequate”.

The arrival of the new tax year sees the introduction of a number of changes to tax rates.

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