TaxPersonal TaxPre-Budget statement: Incentives for high unemployment areas

Pre-Budget statement: Incentives for high unemployment areas

Chancellor Gordon Brown has promised to reform the tax incentives available to areas suffering high unemployment.

During the Pre-Budget report, Brown also promised to exempt the same areas from stamp duty as part of plans to renew needy brownfield sites.

He also set out plans to use tax incentives to bring flats over shops back into use and offer more business rate relief for small businesses in assistance area.

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