Kay Johnson Gee Budget Summary 2010-2011

George Osborne described his first Budget as the “unavoidable Budget” in which spending cuts outweighed tax increases by a ratio of 77% spending cuts to 23% tax increases. The capital gains tax changes were less harsh than many feared. The increase in the lifetime limit for entrepreneurs’ relief from £2million to £5million is very welcome. The reduction in corporation tax had been well trailed. Of course the big revenue raiser with the VAT increase in January 2011. Spending cuts will be announced in autumn 2011.

InBrief Newsletter - June 2010

Contents include:

• Change of Government – now what?
• Blood is thicker than water – family businesses
• Pay your PAYE or pay more
• Are you ready for the new fit note?
• Preventing late payment
• HSBC’s Business Thinking 2010

Budget Summary 2010

Kay Johnson Gee Budget Summary
Contents include:

• Budget highlights
• Personal and trust taxation
• Capital taxes
• Business tax
• Value added tax (VAT)
• Anti-avoidance
• Miscellaneous issues
• National insurance contributions

Pre-Budget Report

Kay Johnson Gee Briefing on Chancellor's Pre-Budget Report.
Contents include:

• The Chancellor’s balancing act
• Personal tax
• Pensions
• Business tax
• Company cars and vans
• National insurance contributions
• Other provisions

InBrief Newsletter - September 09

Contents include:

• Acquiring a new car? Check out the tax relief implications
• If you have a foreign bank account use HMRC's disclosure opportunity
• Gross payment status for sub-contractors
• Impact of Companies Act. 2006
• Tax relief for land and buildings