Despite all that was said on Budget day, the biggest impact on business decisions is likely to lie in what the Chancellor did not say or do, says Chris Sanger.
Wendy Walton says the reduction of the top income tax rate is a clear signal of the direction the government wishes to take, post recovery.
Alcohol duty ‘escalator’ increases were overshadowed by the minimum pricing proposal, says Alan Powell.
HM Treasury has invited comments on an ‘above the line’ research and development credit for large companies, to be introduced next year.
Three million businesses with a turnover below £77,000 stand to benefit from a voluntary cash basis for income tax and simplified arrangements for certain expenses, HMRC said in a consultation paper,
‘Questions are now likely to be asked about whether any demands made by donors have worked their way into government policy — a charge that ministers strongly deny.
Eleven tax professionals offer their immediate reaction to the Budget proposals
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Middle-aged workers now face a triple whammy, says The Guardian. A bold cut in corporation tax is a step in the right direction, says The Daily Telegraph. Here is our pick of the editorials in five of this morning's papers.
‘I regard tax evasion and indeed aggressive tax avoidance as mo