The reference is to an ‘anti-abuse’ rule gives some hope that the GAAR proposals will be close to the Aaronson proposition, says James Bullock.
A relatively modest change reflects the immense weight HMRC attaches to co-operation with foreign revenue authorities, says Jonathan Levy.
The Chancellor's margin for error remains very small compared to the uncertainties involved, says John Hawksworth.
The big increase in the personal allowance and the clampdown on avoidance keep the Coalition together, says David Smith.
Karen Cooper on EMIs, employee share ownership and personal service companies.
Janet Hoskin discusses the options for deferring income without resorting to ‘morally repugnant’ aggressive tax avoidance.
The government is following in Lord Palmerston’s footsteps, says Matthew Hodkin.
Moral repugnance is all very well, but the UK has to earn its way in the real world, says James MacLachlan.
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.