The changes to the pensions tax legislation announced on Wednesday 9 December were far from transparent, and because announcements concerning both the anti forestalling legislation and the new (as
PBR09
Despite concerted lobbying from the UK tourist sector, PBR 09 confirms the abolition of all tax benefits applying to the Furnished Holiday letting (FHL) sector, which has operated as a deemed trade
5
Senior accounting officers can learn how the changes in this year's Pre-Budget Report will affect their companies in a live web chat with Stephen Herring and Tony Spillet, tax partners from BDO
1
These tables reflect announcements made on 9 December 2009. Some allowances (notably CGT annual exemption) remain outstanding and this is indicated by N/A - not available.
4
- The Business Payment Support Scheme will be retained for as long as it is needed. (PN01)
- National Insurance thresholds and rates unchanged for 2010-11.
1
- Bank payroll tax of 50% will apply to bonuses paid by banks after the time of the Chancellor’s announcement unless the amounts and entitlement were contractually fixed before the announcement.
The much expected “bank bonus tax” was announced in the Pre Budget Report.
Alistair Darling delivered his Pre-Budget Report on Wednesday 9 December.
As the government prepares to outline its enterprise policies in this week’s Pre-Budget Report (PBR), the Forum of Private Business (FPB) calls for tax reforms that put small businesses back in
