List
AEF AME AMLD APD APR BERR CAP CBI CCAs CCL CCS CERT CGT CGNCR CHP CIPFA CO2 CPI CSR CTC CTF CVS DBERR DCMS DCSF DEFRA DEL DFID DfT DH DIUS DMO DVLA DWP
o f a b b r e v i at i o n s
Aggregate External Finance Annually Managed Expenditure Amusement Machine Licence Duty Air passenger duty Annual Percentage Rates Department for Business, Enterprise & Regulatory Reform Common Agricultural Policy Confederation of British Industry Climate change agreements Climate change levy Carbon capture and storage Carbon Emissions Reduction Target Capital Gains Tax Central government net cash requirement Combined Heat and Power Chartered Institute of Public Finance and Accountancy Carbon dioxide Consumer Prices Index Comprehensive Spending Review Child Tax Credit Child Trust Fund Corporate Venturing Scheme Department for Business, Enterprise & Regulatory Reform Department of Culture, Media and Sport Department for Children, Schools and Families Department for Environment, Food and Rural Affairs Departmental Expenditure Limit Department for International Development Department for Transport Department of Health Department for Innovation, Universities and Skills Debt Management Office Driver and Vehicle Licensing Agency Department for Work and Pensions
Budget 2008
205
EC ECA ECF EEA EEC EFSR EIS EMI EPC ESA ESA95 EU EU ETS FDI FE FRS FSA FSBR G7 G8 GAAP GAD GCSE GDP GGNB GLA GNI GVA HB HMRC HMT IAS IB IFRS IFS IHT ILO
European Communities Enhanced Capital Allowance Enterprise Capital Fund European Economic Area Energy Efficiency Commitment Economic and Fiscal Strategy Report Enterprise Investment Scheme Enterprise Management Incentive Economic Policy Committee Employment and Support Allowance European System of Accounts 1995 European Union EU Emissions Trading Scheme Foreign direct investment Further Education Financial Reporting Standard Financial Services Authority Financial Statement and Budget Report A group of seven major industrial nations (comprising: Canada, France, Germany, Italy, Japan, UK and US). The G8 is an informal group of eight countries: Canada, France, Germany, Italy, Japan, Russia, the UK and the US. Generally Accepted Accounting Practices Government Actuarys Department General Certificate of Secondary Education Gross domestic product General government net borrowing Greater London Authority Gross National Income Gross Value Added Housing Benefit Her Majestys Revenue and Customs Her Majestys Treasury International Accounting Standards Incapacity Benefit International Financial Reporting Standards Institute for Fiscal Studies Inheritance Tax International Labour Organisation
206
Budget 2008
IMF IPCC ISA ISB JSA LASFE LDA LFS LHA LIBOR LTPFR MDRs MIG MoD MORI MPC MTIC NAO NEA NHS NICs NIE NIESR NMW NVQ ODPM OECD OFCOM OFGEM OFT OGC ONS OPEC PAC PAYE PBR PCOFCE
International Monetary Fund Intergovernmental Panel on Climate Change Individual Savings Account Invest to Save Budget Jobseekers Allowance Local authority self-financed expenditure London Development Agency Labour Force Survey Local Housing Allowance London Inter-Bank Offered Rate Long Term Public Finance Report Marginal deduction rates Minimum income guarantee Ministry of Defence Market and Opinion Research International Monetary Policy Committee Missing Trader Intra-Community National Audit Office National Enterprise Academy National Health Service National Insurance Contributions Northern Ireland Executive National Institute of Economic and Social Research National Minimum Wage National Vocational Qualification Office of the Deputy Prime Minister Organisation for Economic Cooperation and Development Office of Communications Office of Gas and Electricity Markets Office of Fair Trading Office of Government Commerce Office for National Statistics Organisation of Petroleum Exporting Countries Public Accounts Committee Pay As You Earn Pre-Budget Report Public corporations own financed capital expenditure
Budget 2008
207
PCT PEP PFI PGS PSA PSNB PSND PSNI R&D RDA REITs RES RPI RPIX RTFO SBRI SDLT SDRT SERPS SFLG SME STEM TME TSB UKTI VAT VCT VED WGA WTC
Primary Care Trust Personal Equity Plan Private Finance Initiative Planning gain Supplement Public Service Agreement Public sector net borrowing Public Sector Net Debt Public sector net investment Research and Development Regional Development Agency Real Estate Investment Trusts Regional Economic Strategy Retail Prices Index Retail Prices Index excluding mortgage interest payments Renewable Transport Fuels Obligation Small Business Research Initiative Stamp Duty Land Tax Stamp Duty Reserve Tax State Earnings Related Pension Scheme Small Firms Loan Guarantee Small and medium-sized enterprise Science Technology Engineering and Mathematics Total Managed Expenditure Technology Strategy Board UK Trade and Investment Value Added Tax Venture Capital Trust Vehicle excise duty Whole of Government Accounts Working Tax Credit
208
Budget 2008