Professional Documents
Culture Documents
relating to the national debt and the public revenue, and to make further
provision in connection with finance.
we, your majesty's most dutiful and loyal subjects, the commons of the united
kingdom in parliament assembled, towards raising the necessary supplies to defray
your majesty's public expenses, and making an addition to the public revenue, have
freely and voluntarily resolved to give and grant unto your majesty the several
duties hereinafter mentioned; and do therefore most humbly beseech your majesty
that it may be enacted, and be it enacted by the queen's most excellent majesty,
by and with the advice and consent of the lords spiritual and temporal, and
commons, in this present parliament assembled, and by the authority of the same,
as follows:-
[list](1)income tax shall be charged for the year 2001-02, and for that year-
[list]
(a) the starting rate shall be 10%,
(b) the basic rate shall be 23%, and
(c) the higher rate shall be 40%.
[/list]
(2) for the year 2001-02 the amount specified in section 1(2)(aa) of the taxes
act 1988 (the starting rate limit or personal allowance) shall be �4,500.
(5) corporation tax shall be charged for the financial year 2002 at the rate of
29%, and-
(8) stamp duty shall be charged for the year 2001-02, and for that year-
(2) fuel duties shall be charged for the year 2001-02, and for that year-
(10) the landfill tax, climate change levy, and customs duty shall be charged for
the year 2001-02[/list]
(2) for the revenues of the national lottery in the year 2001-02-
[b]5. hm prisons[/b]
[b]6. defence[/b]
[b]7. transport[/b]
[b]8. regions[/b]
[b]9. health[/b]
(3) all salaries, with the exception of nurses, shall rise by 4.81%
(8) the total of �6,050,000,000 is budgeted in years 2002-03, 2003-04, and 2004-
05, for the construction of-
(2) hm government shall contribute �100 per fee for government sponsored
activities
[list](1) employment and income support benefits shall be paid as follows for the
year 2001-02-
(2) there is established under employment and income support a fuel tax rebate,
which-
(3) health and death benefits shall be paid as follows for the year 2001-02-
(4) family and children benefits shall be paid as follows for the year 2001-02-
[b]13. environment[/b]
[list](a) �20,000,000 for a new fund for money to regional development agencies
for local environment plans[/list][/list]
[b]14. education[/b]
(6) �1,020,000,000.00 shall be budgeted for the foreign and commonwealth office
(11) �120,000,000.00 shall be budgeted for the new deal for communities
(2) this act comes into force on the 6th april 2001[/list]