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Pre-Budget Report 2008 - Publications

Pre-Budget Report brochure 2008

The Chancellor presented his Pre-Budget Report (PBR) on 24 November 2008. Click below to view our PBR brochure.

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Cut in standard rate of VAT

The Chancellor announced in his 2008 Pre-Budget Report that the standard rate of VAT will be reduced from 17.5% to 15% with effect from 1 December 2008 until 31 December 2009.

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