2012 live Budget panel

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On Wednesday 21 March, AccountingWEB and BusinessZone will be hosting their traditional live Budget during the Chancellor's speech.

This fast-moving online session allows business and tax experts to swap insights as the Chancellor speaks. Join us at lunchtime on Wednesday and make sure to add your thoughts to those of our panellists:

Our expert panellists will be joined by other representatives from AccountingWEB's sister communities BusinessZone, TrainingZone and HR Zone. But this year we want to hear what you have to say about the government's plans. Just type your comments in the box at the bottom of the panel below:

AccountingWEB Budget 2012 resources - sponsored by Sage:

John Stokdyk
Editor
AccountingWEB.co.uk
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19th Mar 2012 16:35

marvelous

if the CofE wants to do something that would really impress us he would either shut Longbenton or put the whole 64-8 process on line and automate it - it seems to be geting worse again almost impossible but they seem to have achieved it

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DMBAcc
20th Mar 2012 12:42

CofE?

[quote=carnmores]

if the CofE wants to do something that would really impress us he would either shut Longbenton or put the whole 64-8 process on line and automate it - it seems to be geting worse again almost impossible but they seem to have achieved it

why confuse your acronyms?isnt this a budget debate rather than one about the church of England? or his there something coterminus/coincendental between the resignation of the DG of the BBC and CofE and this budgets chancellor?

 

 

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20th Mar 2012 15:06

Logbenton

don't they want devaluation oops devolution and have their own parliament. They're not far off.

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21st Mar 2012 14:27

Exactitude

Acronyms are pronouncable as words, eg Nasa, Laser.

BBC and CoE are not acronyms !

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21st Mar 2012 15:06

just listening to 5live.....

only a politician could say that reducing a tax rate will increase the tax take.....well him a gaggle of economists.  Unfortunately the tax rate is not a consumable item where supply and demand decide the market price....crazy.

 

Mind you the suggestion is that it hasn't collected that much tax...due to good tax planning etc....thats odd why drop the rate then if it hasn't had any impact.....??!?! i am confused.

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21st Mar 2012 15:26

When your talking about salaries

over £150k, the norm is to decide what employee should take home then gross up so the less the tax rate the less the tax take. shimples

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21st Mar 2012 15:32

Not really sure how that

equates to a tax increase?!?!  if you have a net salary of £150k, then surely you will pay more tax at 50p rate than 45p rate if grossed up???

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21st Mar 2012 15:40

That's exactly what

I said

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21st Mar 2012 15:52

my point being that the politicians seem to believe that by

reducing the tax rate the opposite will happen...that is the tax take will increase...!?

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21st Mar 2012 16:20

It would

if you applied it to fuel. Of course, that's what they really meant, 5p off a litre of fuel.

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