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12/11/2008
Pre-Budget Date Announced
The Chancellor's pre-Budget report is to be published on Monday 24 November, it has been confirmed.
It is highly-anticipated that the findings in the report will lead to tax cuts, aimed at stimulating the economy, amid fears of a UK recession.
Mr Darling could be poised to make cut, following the Prime Minister’s hints at a possible "fiscal stimulus" to boost markets.
There is much speculation that growth forecasts will be slashed in the report, which will be presented to MPs in the Commons.
Plans to increase road tax will also be amended, according to sources.
The pre-Budget report was due last month, but was rescheduled because of the uncertain financial situation.
According to sources, the new date was chosen to allow the Prime Minister time to mull over issues raised that this weekend's Washington summit.
The talks are believed to centre on formulating a "fiscal stimulus" that will arouse international economies.
Today, the Bank of England warned the UK was already in a recession, which is set to lead well into next year.
(PR)
It is highly-anticipated that the findings in the report will lead to tax cuts, aimed at stimulating the economy, amid fears of a UK recession.
Mr Darling could be poised to make cut, following the Prime Minister’s hints at a possible "fiscal stimulus" to boost markets.
There is much speculation that growth forecasts will be slashed in the report, which will be presented to MPs in the Commons.
Plans to increase road tax will also be amended, according to sources.
The pre-Budget report was due last month, but was rescheduled because of the uncertain financial situation.
According to sources, the new date was chosen to allow the Prime Minister time to mull over issues raised that this weekend's Washington summit.
The talks are believed to centre on formulating a "fiscal stimulus" that will arouse international economies.
Today, the Bank of England warned the UK was already in a recession, which is set to lead well into next year.
(PR)
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30 November 2010
Corporation Tax Reform To Create 'Competition'
The Government has published details of its Corporate Tax Reform programme consisting of a series of essential reforms designed to improve the UK's tax competitiveness. Measures include the introduction of new Controlled Foreign Company (CFC) rules and a commitment to introduce a Patent Box.
Corporation Tax Reform To Create 'Competition'
The Government has published details of its Corporate Tax Reform programme consisting of a series of essential reforms designed to improve the UK's tax competitiveness. Measures include the introduction of new Controlled Foreign Company (CFC) rules and a commitment to introduce a Patent Box.
11 November 2008
Conservative Tax Cuts Would Create Jobs, Says Cameron
A Tory government would slash corporation tax to stimulate new jobs, in an attempt to reduce the impact of a looming recession, David Cameron has insisted. Opposition leader, Mr Cameron, who still leads in voter opinion polls, said a Conservative administration would generate an additional 350,000 by providing tax breaks to UK firms.
Conservative Tax Cuts Would Create Jobs, Says Cameron
A Tory government would slash corporation tax to stimulate new jobs, in an attempt to reduce the impact of a looming recession, David Cameron has insisted. Opposition leader, Mr Cameron, who still leads in voter opinion polls, said a Conservative administration would generate an additional 350,000 by providing tax breaks to UK firms.
24 November 2008
VAT Slashed In Pre-Budget Report
Drinkers, smokers and drivers will fill the 'economic void' expected to be created by today's widely anticipated 2% VAT reduction - through increased taxation, it has been announced. Presenting his pre-Budget report to the House of Commons, the Chancellor unveiled radical plans to slash VAT from 17.5% to 15% for 13 months.
VAT Slashed In Pre-Budget Report
Drinkers, smokers and drivers will fill the 'economic void' expected to be created by today's widely anticipated 2% VAT reduction - through increased taxation, it has been announced. Presenting his pre-Budget report to the House of Commons, the Chancellor unveiled radical plans to slash VAT from 17.5% to 15% for 13 months.
11 November 2009
Pre-Budget Due Next Month
Public spending is predicted to dominate next month's pre-Budget report, which will be presented by the Chancellor on Wednesday 9 December. It will be Allister Darling's last pre-Budget report before next year's General Election, which must take place before June.
Pre-Budget Due Next Month
Public spending is predicted to dominate next month's pre-Budget report, which will be presented by the Chancellor on Wednesday 9 December. It will be Allister Darling's last pre-Budget report before next year's General Election, which must take place before June.
10 November 2008
PM Hints At Tax Cuts
Number 10 has failed to quell speculation that a cut in taxation is being considered. Prime Minister Gordon Brown has said he was looking "at everything" that could be done to help people through the downturn. He told GMTV that tax changes were a matter for the pre-Budget report - which he said would be "in the next few days".
PM Hints At Tax Cuts
Number 10 has failed to quell speculation that a cut in taxation is being considered. Prime Minister Gordon Brown has said he was looking "at everything" that could be done to help people through the downturn. He told GMTV that tax changes were a matter for the pre-Budget report - which he said would be "in the next few days".
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
