Budget Summary June 2010

Please find below our Budget summary covering the key tax issues in George Osborne’s first Budget. The June Budget had been characterised as ‘the unavoidable Budget’ and the ‘emergency Budget’ and [...]
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Future of the 50% Rate of Tax

BUDGET 2010 (CON-LIB)
Synopsis: Hope given for its abolition  

The front page of the Telegraph on Saturday 22nd carried the headline ‘Cameron vows to cut taxes’.  In an exclusive interview with [...]
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2010/11 Tax Outlook for Family Business ?

CORPORATION TAX 50% and (effective) 60% personal tax rates are hogging the headlines:
How do companies fare?

How do companies fare under the 2010/11 tax system? Not badly (well not as badly [...]
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Tax Evaders – watch out!

Synopsis: HMRC has been accused of using anti-terror laws spy on suspected tax dodgers.
It has been reported that, using anti-terrorism laws, HMRC inspectors are granted permission to spy on people [...]
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Tax Planning – Ideas & Opportunities

Synopsis: 50% tax (42.5% for dividends) should prompt a review of dividend policy for married couples!

For those company owner/managers who are married but where the shares in the business are [...]
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