This may be the first full Budget statement that Alistair Darling has made to
the House of Commons, but with pressure mounting on him over the Northern Rock
fiasco and widespread criticism of some of the measures introduced in last
year’s pre-Budget report, he could struggle to make it to his second.
The chancellor attempted to appease non-doms, postponed changes for family
and raised £1.7bn from closing down tax loopholes.
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HMRC has outlined a change in VAT policy to the treatment of dwellings that have been formed from either the construction of new buildings, or from the conversion of non-residential buildings
Let us hope that valuable asset protection vehicles are not made prohibitively burdensome or abolished in the desire to “simplify” IHT
Freelancers and micro-businesses still need more information about the government’s plans to make tax digital
The government is pressing ahead with changes to the way it taxes individuals with a foreign domicile