Budget 2011 Newsletter

Alistair — Thu, 24 Mar 2011 09:54:15 +0000

So now we’ve heard it – George Osborne’s second Budget speech. So what exactly did the Chancellor say and, more importantly, what did it actually mean?

Budget speeches tend to be fairly uninspiring affairs. However, the background documents are usually more enlightening. To save you having to trawl through hundreds of pages of government and HMRC press releases, our summary of the main changes will quickly bring you up to speed and hopefully be a lighter read. budget 2011 Newsletter

Budget announcements contain many fundamental taxation changes which will affect business and personal lives for the year to come. Written in plain English, we have broken the summary down into the main areas of taxation, including business and corporate, employment, personal and capital. We have also included comments on the more important changes, together with any planning points that may arise.

We hope the summary will provide an invaluable update for you and help you get to grips with the changes. However, despite HMRC’s assurances that ‘tax doesn’t have to be taxing’, recent years have seen a plethora of changes to the tax system. We are here to help you navigate and plan your way through the tax maze so please do get in touch if you have any questions.

Budget June 2010

Alistair — Wed, 23 Jun 2010 08:29:24 +0000

George Osborne presented his first Budget on Tuesday 22 June 2010.
For the first time, forecasts were published in advance of the Budget. The Office for Budget
Responsibility was formed in May 2010 to make an independent assessment of the public
finances and the economy in advance of each Budget and Pre-Budget Report.
Within the framework of these forecasts George Osborne stated that a tough but fair
Budget was needed. Many fundamental announcements have been made which affect the
taxation of most individuals. These are in addition to changes already made by the previous
government, such as the 50% tax rate and changes to the tax relief available for pension
contributions.
Our summary focuses on the issues likely to affect you, your family and your business. To
help you decipher what was said we have included our own comments.

For a full PDF version of the newsletter click here Budget June 2010 Newsletter

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Budget 2011 Newsletter

Budget June 2010