Budget | AccountingWEB

Budget

Non-domiciled residents who have lived in the UK for seven out of the last ten years will have to pay a levy of £30,000 to avoid paying tax on their foreign earnings, it has been announced.

3

The review of HMRC's powers, deterrents and safeguards will continue into 2008 following the consultations issued in 2007. To re-cap on the new regime which applies from 6 April 2008:

1

In his first budget Alistair Darling announced that the government will not be enacting its proposed legislation to combat what it terms as "income shifting".

8

Recent budgets have contained an ever-increasing swathe of anti-avoidance measures, and this year's was no exception. Here's a run-down of HMRC's latest fire-fighting techniques.

We asked our West Country general practitioner for his initial take on Alistair Darling’s first Budget.

Reduced burdens for providers

Headline-grabbing reforms to the capital allowance system will offer 100% first year tax credits for designated energy-saving and environmentally beneficial plant and machinery, and 100% allowances

Alistair Darling's first budget as chancellor today confirmed that the government's new Capital Gains Tax reforms will be implemented next month.

1

UK Charities and Community Sports Clubs (CASCs) claiming Gift Aid repayments will be entitled to transitional relief under new plans outlined in the 2008 Budget.

Pages