Budget News | PMA Accountants

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Currently viewing the category: "Budget News"

Emergency Budget 2010 – Summary of Proposals

On July 13, 2010 By PMA

The year 2010 is more than usually complicated from the tax point of view because of the change of Government and the introduction of an Emergency Budget.

The March Budget introduced a number of measures intended to continue the policy of stimulating the economy by keeping public spending substantially above public revenue. The new Government [...]

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Pre Budget Report

On December 23, 2009 By PMA

The Chancellor gave his Pre Budget Report on 9th December. The main announcements were as follows:

the personal tax allowance and the threshold at which 40% tax is charged will remain unchanged for 2010/11. the increase in the small companies’ rate of corporation tax to 22% will be deferred for another year until 1 April [...]

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