Category Archives: pre-Budget Report

Chancellor confirms Pre-Budget Report to be dropped

The government is to axe this year’s pre-Budget Report. In its place, the Chancellor, George Osborne, who confirmed the change in a letter to the chairman of the Commons select Treasury Committee, will deliver an autumn statement. The statement is … Continue reading

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VAT may be pushing prices up earlier

  Some businesses may be looking at raising their prices sooner rather than later in anticipation of the VAT hike set for January next year. The standard rate of VAT will rise from 17.5 per cent to 20 per cent … Continue reading

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Pre-Budget Report to be ‘dropped’

The government is likely to axe this year’s pre-Budget Report, according to press reports. The Financial Times has suggested that the PBR will be replaced with a shorter statement to be delivered in November or December once the Office for … Continue reading

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Self assessment tax date looming

Taxpayers are being reminded that the date for making the next set of self assessment tax payments will be arriving soon. The second payment on account for 2009/10 needs to be made by 31 July, along with any outstanding amounts … Continue reading

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Question mark over pre-Budget Report

It is thought that the government may look at removing, if only temporarily, the autumn pre-Budget Report. The pre-Budget Report was introduced by Gordon Brown when he was Chancellor. Press reports have suggested that a decision on whether to stage … Continue reading

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Tax date likely to see increase in deferred payment requests

The government’s scheme to help businesses that are struggling to pay their tax bills could see a rise in requests to delay payments as the self-assessment date approaches. The Business Payment Support Service was set up by the Chancellor to … Continue reading

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