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Last year’s Budget, coupled with the Comprehensive Spending Review, was intended to get most of the unpleasant news out of the way – large spending cuts – in the Government’s efforts to tackle the public finance deficit.
Now comes what may be the harder part: encouraging sufficient private sector growth both to boost the tax take and to compensate for the inevitable slide in public sector employment.
HM Revenue and Customs (HMRC) has issued a reminder about important changes that will be affecting corporation tax this April.
HM Revenue and Customs (HMRC) has announced that, in future, there will be just a single telephone point of contact for employee tax enquiries.
HM Revenue and Customs (HMRC) has published new advisory fuel rates for company cars.
Next year’s Budget will be delivered on 23 March.