What the 2008 Budget means for UK business
12 March 2008: "On the whole, UK companies will not be pleased with the substance of today's Budget..."
 

Podcast: A round up of the implications of the latest Budget by Bill Dodwell, Head of Deloitte's Tax Policy Group

Hoping for the best!
12 March 2008: Roger Bootle's response to the 2008 Budget announcement
 

Podcast: Post Budget review by Roger Bootle, economic adviser to Deloitte

Post Budget analysis
12 March 2008

Podcast: Denis Woulfe, Tax partner, gives a succinct overview of what the implications of the latest budget are for you and your business.

Changes to Non Domicile legislation
12 March 2008: Robert Hodkinson - "It is disappointing that the Chancellor was unwilling to listen to those impacted by these rules, and offer additional time to evaluate the full impact of the changes."

Entrepreneurial business measures in today’s Budget
12 March 2008: Tony Cohen - "On the whole, today’s Budget contains some positive measures for entrepreneurs in the UK although they fall well short of what was taken away in the Pre-Budget Report through the abolition of Taper Relief and the changes in the treatment of non-domiciles."

Environmental tax measures announced today
12 March 2008: Roman Webber - "Environmental taxes have actually fallen as a proportion of total tax yield in the period 1997 to 2006, and many of the measures announced today will not be immediate."

New HMRC powers
12 March 2008: Tom Rowbotham - "We do not support the current intention of a power allowing HMRC to visit business in order to inspect record before a return is filed. Any such review will not be able to consider the work which would be taken when preparing the end of year return and the filing position."

Disguised interest
12 March 2008: Ben Moseley - "As had been hoped, HMRC announced in the Budget that the “principles-based approach” to financial avoidance, which has been the subject of much debate since December 2007, will be further developed with a view to introduction in Finance Bill 2009."

Compliance competency
12 March 2008: Nicola Tratalos - "Rather refreshingly, this Budget did not include a significant number of consultative documents in relation to compliance. However, there are a number of things tucked away..."

Foreign Profits Consultation
11 March 2008: There was a huge air of anticipation when the Treasury released their discussion document "Taxation of the Foreign Profits of Companies".

We expect many of the issues raised to be finalised (PDF, 143KB) when the Chancellor delivers his Budget on 12 March.

Estimates for growth and taxation keenly anticipated by UK businesses.
10 March 2008: Bill Dodwell gives his predictions for the upcoming Budget.

HMRC's principles-based approach
11 March 2008: Ben Moseley - One of Alistair Darling's objectives is to simplify the UK's tax code. Ben Moseley discusses the HMRC's principles-based approach.

 

Caught between a Rock…
3 March 2008: Roger Bootle, economic adviser to Deloitte gives his preview of the 2008 Budget