Budget March 2011
- A budget for growth?
- Personal taxes and charitable giving
- Indirect Tax – 2011 changes
- Corporate Taxes – a budget to encourage growth
- Preventing Tax Avoidance
A budget for growth?
The chancellor has managed to project some positive headlines from his budget – focusing on all aspects of growth – a nice irony when he also announced lower projections for economic growth over the next two years - as Labour quickly pointed out.
However this cannot take away from a number of nice headline grabbing touches of positive spin... read more
Personal taxes and charitable giving
Although there is no one stand out headline change the budget contained many significant chances which will have a small, largely beneficial, effect on the tax burden of the majority of the population. There were also a number of changes to encourage charitable giving making it both easier and more tax efficient... read more
Indirect Tax – 2011 changes
Although it may not have hit the headlines there are the usual increases to hit the drinkers and smokers... read more
Corporate Taxes – a budget to encourage growth
There have been a number of advantageous changes to taxes affecting businesses – all encouraging, but whether this is enough to stimulate employment and economic growth only time will tell... read more
Preventing Tax Avoidance
What ever the government the HMRC relentless campaign to prevent tax avoidance goes on. This budget was no exception with the expected selection of loop holes closed... read more
If you have any questions about any of the budget articles please don't hesitate to call one of our Tax Team for more details.
The content of this page is for general information only. It should not be relied on and action which could affect your business should not be taken without appropriate professional advice. Please speak to your Old Mill contact or a member of the Tax Team.