12-08-2010
HMRC has announced an ambitious plan of centralising the calculation and deduction of tax and national insurance. This would effectively make the taxman into a payroll agency. |
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28-06-2010
The chancellor confirmed in his budget on 22nd June, that the main rate of corporation tax will go down from 28% to 24% over four years, coming down by 1% each year.
The small companies’ rate will follow a similar path to reach 20%. |
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28-06-2010
The legislation proposed by the previous government to axe the Furnished Holiday Letting tax breaks was held back and not included in the Finance Act 2010 passed in April, as part of a pre-election deal between the parties.
The new Chancellor announed in his budget on 22nd June 2010 that these proposals would now be shelved. |
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08-06-2010
Accountancy Age reported tax chiefs at the CIoT calling for a panel of Lords and MPs to be established so discrepancies in tax legislation can be avoided. |
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16-05-2010
David Cameron promised a new budget within 50 days of taking office. |
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23-04-2010
The Times reports strong economic growth expected for the UK for next year and 2012 |
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13-04-2010
Accountancy Age reported on the new insolvency legislsation due 6th April 2010 stating that these will "drag the laws surrounding insolvency kicking and screaming into the 21st century". |
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21-03-2010
Auditors are again under scrunity for their role in the fall of the investment banker Lehman Brothers. |
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07-02-2010
Accountancy Age reports on official statistics out which shows that personal insolvencies have reached record highs of more than 130,000 for 2009. |
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27-01-2010
A poll by the professional body of insolvencies R3 predicts that insolvencies in 2010 will exceed those of 2009. |
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