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Duty Free Allowance

PostPosted: 06 Dec 2006, 08:57
by andrew.m.wright
From Sky News this morning :

Gordon Brown announcing that from early next year the Duty Free Allowance is to be raised from £145 to £300 :D

PostPosted: 06 Dec 2006, 09:08
by DragonLady
Originally posted by andrew.m.wright
From Sky News this morning :

Gordon Brown announcing that from early next year the Duty Free Allowance is to be raised from £145 to £300 :D

Early next year? Thought it was to be raised in the summer?

PostPosted: 06 Dec 2006, 10:27
by GrahamN
I thought it had changed as well, but apparently not.

HM Revenue & Customs link, here.

PostPosted: 06 Dec 2006, 10:38
by fozzyo
Not that many people take much notice of it. But I guess for those who get caught out it will mean a slightly smaller bill.

PostPosted: 06 Dec 2006, 11:08
by andrew.m.wright
Originally posted by DragonLady
Originally posted by andrew.m.wright
From Sky News this morning :

Gordon Brown announcing that from early next year the Duty Free Allowance is to be raised from £145 to £300 :D

Early next year? Thought it was to be raised in the summer?


It was a live interview with Gordon Brown who stated early next year :D

PostPosted: 07 Dec 2006, 00:05
by DragonLady
Originally posted by GrahamN
I thought it had changed as well, but apparently not.

HM Revenue & Customs link, here.



No Graham- I meant Summer 2007 not 2006.If it comes in sooner than then it will be a bonus (all £340 of it).Wish Mr Brown would hurry up with the £1,000 allowance he mooted in the March budget statement.

PostPosted: 07 Dec 2006, 00:08
by GrahamN
Oh sorry, my misunderstanding. You are right there has been mention of different amounts and diff. times, why don't they just get on with it ;)

G.

PostPosted: 10 Jan 2007, 22:34
by kilo
Originally posted by GrahamN
I thought it had changed as well, but apparently not.

HM Revenue & Customs link, here.



The link provided still reflects the old amount of £145. There seems to be no clear indication anywhere when this comes into effect( Anyone know?). I also remember hearing 'early next year' too.

PostPosted: 11 Jan 2007, 10:48
by cshore
This would be the Gordon Brown who said he thought it was high time this outdated allowance was increased in line with rising prices? The same GB who has steadfastly refused to do the same with stamp duty, inheritance tax, personal allowances and pensions? Shameful man.

Chris

(rant over)