Pre-Budget Report 2009: The elephant in the room
Frank Haskew, head of tax and Clive Lewis, head of enterprise at the ICAEW explain why the chancellor’s report didn’t go far enough to address the deficit.
Since the chancellor delivered his Pre-Budget Report yesterday, many commentators have argued that the measures introduced don’t go far enough to tackle current public deficit – let alone the planned spending for next year. So was this, as many analysts have suggested, a ‘lame duck’ Pre-Budget Report that won’t count for much in the long-term?
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Sorry
You're quite right, it's April 2011 not 2010. That was my mistake, not theirs. Confirmation comes from Rebecca in this article:
http://www.accountingweb.co.uk/topic/tax/pre-budget-report-2009-summary-...
Sorry!
NIC increase is from 2011, not 2010.
The 0.5%, now 1%, increase for NIC is effective from April 2011, not 2010, isn't it?
Or have I become delerious from trawling through all of the output from the PBR?