The Chancellor has announced a raft of Budget tax measures to encourage business investment and growth, including £2,000 in national insurance contributions (NIC) relief for all businesses.
The Chancellor was forced to admit in his fourth Budget that the economy will grow by just 0.6% this year - half the 1.2% estimated at the time of the autumn state
In response to Baker Tilly's predictions for the 2013 budget,
AccountingWEB editor John Stokdyk sets the scene for the annual Budget ritual on AccountingWEB.
Whether it is media hype or genuine interest, the public seem addicted to professional attempts at second guessing the Chancellor of the Exchequer each year.
David Cameron, George Osborne and Angela Merkel have all made speeches condemning “aggressive” international corporate tax a
George Osborne has revealed a surprise boost for businesses with a tenfold increase to the Annual Investment Allowance (AIA) and a further reduction to corporation tax.
The 2012 Autumn Statement takes place at 12.30pm on 5 December, with Chancellor George Osborne facing low economic growth and a poor tax take.