Home > > 22 April 2009 Budget Report > Excise duties

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

 

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The period leading up to the tax year on the 5th April is one of the best times to review your taxes and finances. Download our summary of the more important year-end tax tips to help you identify areas that should be considered

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Budget 2010 Download our comprehensive guide to the Chancellors Budget 2010.

 2010 Budget Report

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