Budget 2013 | AccountingWEB

Budget 2013

Amended Finance Bill 2013 clauses to implement the cash-accounting basis for tax have been accompanied by a changes to enact new, flat-rate expenses calculations w


In spite of measures to help small business, the Chancellor left contractors frustrated by the lack of any Budget day clarification on IR35 “office holders”.


Investors are happy with a Budget announcement to abolish

George Osborne announced in the Budget that from 1 April 2015 the main rate of corporation tax will be reduced to 20%,


Inheritance tax breaks that allow a deduction from the value of an estate for liabilities owed by the deceased on death are to be restricted in response to avoidan

Brendan Theron, client services manager at accountants Ward Williams won the Apple iPad mini on offer in TaxCalc’s 2013 Budg

George Osborne revealed in his Budget a major new scheme designed to ki

The Chancellor announced in his Budget a new £30m scheme providing small businesses access to professional advice and support services.


A few minor tweaks have been made to simplify the optional cash accounting regime that will be available to small, unincorporated businesses from 1 April.


The government has increased research and development (R&D) tax relief to help boost growth and innovation in the manufacturing and science sectors.