BusinessCompany NewsBudget tax rises to come in next year

Budget tax rises to come in next year

Virtually all of the £5bn plus tax increases Gordon Brown is set to unveil in Wednesday's Budget will not come into effect for 12 months.

The annual tax rises are expected to be implemented from next April ? to coincide with the beginning of the three-year spending round, which will raise NHS spending above inflation.

Elsewhere, according to reports, the chancellor is expected to freeze fuel duty for a second successive year due to the volatility of oil prices. However, National Insurance is seen by many as the favourite target for tax increases.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor