MAIN POINTS • Diesel: Increases by 3p/lit. • VED: Frozen
1st December 1994, Page 6
1st December 1994
Page 6
Page 6, 1st December 1994
— MAIN POINTS • Diesel: Increases by 3p/lit. • VED: Frozen
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for trucks. Recovery operators' vehicle excise duty to be placed on a sliding scale from £135 to £5,000.
• National Insurance: Contributions down 0.6% for employees earning £57-£205 per week. Anyone giving a job to candidates who have been unemployed for two years gets a year's National Insurance rebate.
• Capital allowances: No change. • VAT: Threshold rises to £46,000.
• Landfill tax: To be introduced in 1996, to be offset against low paid employees' National Insurance contributions.