Budget Highlights 2013 – Corporate Highlights

Here are the highlights for corporates from today’s Budget: Budget 2013 – A Budget for the ‘Aspiration Nation’ Chancellor Osborne hailed the UK an ‘aspiration nation’ and his Budget was designed to help those who wanted to work hard and encourage employment in the UK. The economics in brief: Chancellor confirmed the debt targets had been missed and he would … Read More

Budget Highlights 2013 – Personal tax highlights

Budget 2013 Highlights Budget 2013 – A Budget for the ‘Aspiration Nation’ Chancellor Osborne hailed the UK an ‘aspiration nation’ and his Budget was designed to help those who wanted to work hard and encourage employment in the UK. The economics in brief: Chancellor confirmed the debt targets had been missed and he would be borrowing more than planned, although … Read More

Budget changes taking effect from April 2013……

Chancellor George Osborne announced a number of changes in his 2012 Autumn Statement which are due to take effect shortly. Here’s a summary: Corporation Tax – this is due to fall to 21% from April 2014 although there is currently great pressure on the Chancellor to reduce this earlier. Income Tax – The top rate of tax is due to … Read More

Campaign to scrap ‘Granny tax’ gathers momentum

The government is due to scrap the higher personal tax allowance for over 65’s in April and an online petition opposing the measure has almost the required 100,000 signatures before it goes to debate. The personal allowance for someone aged 65-74 is currently £10,500 and the removal of this higher allowance (dubbed the ‘Granny Tax’) has proved hugely unpopular with pensioners and … Read More