Budget 2011-12 Introduction Personal Taxation Employee Taxation Investment Reliefs Capital Gains Tax Trusts Tax Credits National Insurance Contributions Inheritance Tax Business Tax Corporation Tax Value Added Tax Stamp Duty Insurance Premium Tax TAX FACTS 2011-12 Welcome to the 2011-12 Budget Tax Facts This document is prepared for guidance only. We recommend that you contact us for advice before acting on any information contained in the document and we cannot accept responsibility for any action taken without such advice.