With Brown looking to raise in excess of £5bn to fund improvements at the NHS, an increase in the rate of VAT to as high as 20% might also be on the cards
AccountancyAge.com will provide a comprehensive news service as soon as Brown steps up to speak, followed by analysis and comment later in the day, and a Budget round up.
Other major announcement expected include:
- significant measures to help Britain’s entrepreneurial sector with the Big Four banks in the firing line with regard to how they service their SME clients.
- a levy placed on European air travel – a move that could spell the end of cheap short-distance flying.
- a 10p charge made to supermarkets on carrier bags
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements