Government Announcements

Spotlight - Government Announcements

Emergency Budget 2010: tough measures for tough times

Not for a political generation or two has a Budget generated such intense interest. Pre-announcements by the Coalition Government had prepared everyone for large-scale changes to the tax system and for deep public spending cuts.

Emergency Budget 2010: the environment

The government has confirmed that it will be creating a Green Investment Bank.

Emergency Budget 2010: support for businesses

The Chancellor addressed the problem that many smaller firms are experiencing when it comes to accessing credit.

Emergency Budget 2010: pensions to be subject of reviews

Several aspects of the pensions system are to come under review as a result of announcements made in the Budget.

Emergency Budget 2010: employers offered national insurance boost

It has been a matter of policy for the government to reverse plans of the previous administration to push up national insurance contributions by 1 per cent as from next April.

Emergency Budget 2010: millions get income tax break

The Chancellor has acted on long-term coalition government plans to increase the personal income tax allowance to £10,000.

Emergency Budget 2010: companies see corporation tax reduction

The Chancellor delivered against his earlier promises to cut the rate of corporation tax.

Emergency Budget 2010: CGT increases but not for all

The six-week long debate over the exact nature of the coalition government’s commitment to a hike in capital gains tax is finally over.

Emergency Budget 2010: VAT to rise

As had been expected, the Chancellor has chosen to raise the basic rate of VAT, from 17.5 per cent to 20 per cent.

Emergency Budget 2010: Speech headlines

The Chancellor has concluded his emergency Budget speech. We are now in the process of updating our Budget Report and putting together a series of news articles. However, the headline news from the Chancellor’s statement is:

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