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Tax updates articles tagged with term 'Budget'

Updates Tax changes for 2011–12: Introduction

In 2010, the election of a new government after the first Budget, and the continuing fallout from the global financial crisis, led to two Budgets and three finance acts being enacted.

Updates Budget 2011: Personal tax allowance lifted

Today's Budget lifted the level of personal tax allowance, proposed a merger of National Insurance and income tax and set out plans to

Updates Budget 2011: Corporation tax to be cut

Chancellor George Osborne declared ‘Britain is open for business’ and announced he is cutting corporation tax by 2 per cent this year

Updates Budget 2011: Overview

Despite lower than expected economic growth in 2010, and lower growth projections for 2011, the coalition has not toned down its plans to reduce government borrowing.