BUDGET DAY 2011 will be on wednesday March 23, the government has revealed.
During the Labour years there was little more than a few weeks notice of the Budget making this one of the earliest announcements on record.
The Budget will follow the Spending Review last month and the emergency Budget statment made by chancellor George Osborne shortly after coming into power.
The date was announced by Sir George Young, the government’s business manager, in a statement to the House of Commons.
CIot urges HMRC to consider a delay to the 1 September 2017 introduction of its new corporate offence of failure to prevent the criminal facilitation of tax evasion
HMRC intends to extend the date for withdrawal of transitional relief on investment growth from 30 November 2016 to 31 March 2017
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.