Budget 2001

contains news and analysis oo all the issues in Budget 2001. Scroll down to read about Brown’s fiscal plans.

Budget news
NEW: Tax rates for 2001/02

Budget 2001: Firms v Institutes

Brown delays decision on forex relief
Multi-nationals and exporters were left breathing a sigh of relief this afternoon after learning that consultation would continue on anti-avoidance measures to address schemes that exploit foreign exchange legislation.

Small practitioners threatened in Budget
Small brewers in good spirits
R&D relief for large companies
Capital allowance boost for green assets
Foreign companies loophole closed
Full steam ahead for LLPs
Tax relief on intellectual property unveiled
Pharmaceuticals to benefit from credits
Brown surprises company car drivers
Budget ignores companies’ organic growth
Plans to expand EMI welcomed
Film tax relief to continue
Witholding tax on royalties to go
Increase in VAT threshold for SMEs
Bets finally off on gaming tax
Vehicle relief ploughed back to farmers

  • Personal
    Brown aims to fill gaps in IT market
    The chancellor has announced ‘separate initiatives’ to fill job vacancies in the IT industry, as well as in the construction, hotels, retail and financial services sectors.

Clash over benefits of 10p band change
Gordon Brown courted the electorate in his Budget address with a widening of the 10% rate of income tax.

£8,000 rise in inheritance tax nil band
Self-assessment appeal rules updated
Employees get capital gains boost
Brown’s boost for kids’ credit

Charities upset over Budget exclusion
The chancellor’s continued prudence and inertia in extending tax incentives to charities in the Budget was decidedly uncharitable, experts have said.
VAT move ends museum entry fees
Stamp duty abolished in designated areas

  • Miscellaneous
    Hague: Brown exploiting stealth taxes
    Tory leader William Hague attacked Gordon Brown’s last Budget before a general election accusing him of ‘cynically’ exploiting stealth taxes introduced by Labour since 1997 to win votes.

Budget headlines

Full text of speech
Press Notices
Full Report
HM Treasury Summary Leaflet
Inland Revenue Tax Rates & Allowances for 2001-02
Pre-Budget statement’s tax links

Inland Revenue’s 2001 Budget & Pre-Budget page
HM Treasury’s 2001 Budget index
HM Customs & Excise’s 2001 Budget measures

Pre-Budget News
Budget round-up: The latest predictions
Offshore betting will live on, says bookie
R&D reward for pharmaceuticals sector
FDs give thumbs up to chancellor
IFS predicts tax breaks on share options
Red tape cripples tax credit scheme
Former skier makes IR35 plea to Blair
Taxpayer giving Pounds 5.7bn too much
Pre-election tax war hots up
Treasury to cut tax on ‘green’ fuels
Scrap ‘all-in-one’ Budget, says ICAEW
Is this the cappuccino Budget?
Labour to benefit from Pounds 40bn surplus
CBI calls for Pounds 2bn business tax cut
Firms make 2001 Budget predictions
Chancellor reveals surprise Budget date
IT protests over NICs continue
MPC cuts interest rate by 0.25%
FDs call for interest rate cut
Tories pledge to cut CGT rate
Labour has ‘little support’ from UK plc
Hague to scrap tax on share savings
Brown blamed for tax credit bungle
E-betting taxes in Budget spotlight
Charities push ‘share aware’

Archive news
Lead role for accountants in Tory plan
Portillo to announce Tory tax watchdog
Tories accused of making up figures
Tax relief would boost childcare sector
Tories promise to drop climate tax
Ernst & Young in green tax row
Exclusive: Pensioners face tax blow
Brown backed by FDs on fuel

Budget 2000
The Budget needs a fair hearing
Budget 2000: NHS is real winner
Budget 2000: The devil is always in the detail

Arthur Andersen’s Budget 2001
E&Y Budget 2001
PwC Budget 2001
KPMG’s Budget 2001
Deloittes & Touche Budget 2001
Grant Thornton’s 2001 Budget comment
BDO Stoy Hayward 2001 Budget comment
PKF’s Budget 2001

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