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Category Archives: The Budget
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One more fling of the dice for high rate tax payers?
©Ithica Publishing Services The forthcoming budget is unlikely to bring much comfort to high rate tax payers. It seems very likely that changes will be made in tax legislation that will put a stop to some generous reliefs on pensions. … Continue reading
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Changes to Capital Allowances – so take advantage now!
free-foto.com If you are a business owner with a keen interest in reducing corporation tax, then you need to consider the changes to Capital allowances. From April 2012 the period of time over which businesses will obtain tax relief for … Continue reading
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Small businesses doubt impact of the Budge
While the Budget may not have any adverse effects, small businesses have voiced scepticism over the benefits it will deliver, according to a recent snapshot survey. The poll, carried out by the Federation of Small Businesses (FSB), found that almost … Continue reading
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Pace of recovery to be muted
Sat alongside the tax measures intended to stimulate growth and the reduction in fuel duty introduced in the Budget was the latest report from the Office for Budget Responsibility (OBR). Revised figures from the OBR predicted that growth for 2011 … Continue reading
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Debate over Government review of income tax and NI merger
The Chancellor, George Osborne’s promise of a consultation on a possible merger of income tax and national insurance has prompted a question as to the extent of the review. In announcing the consultation in the Budget, Mr Osborne said that … Continue reading
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