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 the
largest ever sustained increase in NHS resources, in order
to put the health service on a sustainable long-term financial
footing;
one
per cent extra on national insurance contributions (NICs)
paid by employers, employees and the self-employed on all
earnings above the NICs threshold of £89 a week from
April 2003;
a
cut in the starting rate of corporation tax from 10 per cent
to zero and a cut in the small companies' rate to 19 per cent;
increases
of £2.50 a week in the Working Families' Tax Credit
from June 2002 and £3.50 a week in the child allowances
in Income Support and Jobseeker's Allowance from October 2002;
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a
new Child Tax Credit from 2003 that will provide a secure
stream of income for families with children;
a
new Working Tax Credit from 2003 that will make work pay for
people on low incomes with and without children;
a
freeze in all road fuel duties, including ultra-low sulphur
petrol and diesel, and in vehicle excise duty rates; and
a
freeze in duties on spirits, wine and beer; a real-terms increase
in the duty on alcopops; and a rise in tobacco duties in line
with inflation.
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