The ‘official agreement’ between the Conservatives and Lib Dems, published earlier this month, hinted at a number of business and personal tax policies, due to be confirmed in the Emergency Budget taking place on 22nd June. Our contractors are a savvy bunch, and on the whole, appreciate that the UK needs to address its massive budget deficit and this will involve more taxes; however, fairness and clarity will be key.
On Sunday February 28th, the shadow Chancellor of the Exchequer, George Osborne, told the BBC that if the Tories are elected then in June 2010 he would cut the rate of corporation tax paid by small companies to 20% from the current rate of 21%. Read the rest of this entry…
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Wednesday, June 23rd, 2010Well the dust is settling on the new coalition Government’s Emergency Budget and having had some time to reflect on its impact on our clients, I’m feeling reasonably positive. Read the rest of this entry…