Budget 2011: The key tax changes

For a full overview of HMRC tax legislation and rates, click HERE. Personal taxes, NI contributions and CGT Income tax and NI EISs and VCTs - Legislation will be introduced in Finance Bill 2011 to increase the rate of income tax relief given under the Enterprise Investment Scheme (EIS) from 20% to 30% with effect from 6 April 2011, subject to State aid approval. Further changes are planned in Finance Bill 2012. CGT Entrepreneurs' relief - Legislation will be included in Finance Bill 2011 to increase the lifetime limit on gains qualifying for entrepreneurs' relief from £5m to £...