TaxPersonal TaxChartered Institute of Taxation stimulates fantasy budgets

Chartered Institute of Taxation stimulates fantasy budgets

For the fourth year running, the Chartered Institute of Taxation is to participate in running the Fantasy Budget competition.

Entrants will have to predict what Gordon Brown is going to do on Budget Day, 21 March, and what they would do if they were the Chancellor.

Last year sixth form students proposed tax on chewing gum and higher rates of child benefit for parents of twins and triplets.

The CIOT is working in partnership with Toshiba and Bournemouth University to run the competition that has invited all schools and colleges to enter.

Angharad Miller, lecturer at Bournemouth, said: ?Originality, reasoning and awareness of the impact of their suggestions are the key criteria sought by the judging panel ? as well as some fun!?

The closing date for entries is 14 March. Last year there were almost 600 fantasy budgets entered.

For more information call Angharad Miller on 01202 595204.

KPMG unveils pre-Budget tip list

Related Articles

Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

3w Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

2m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

4m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

6m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

9m Alia Shoaib, Reporter