http://www.deloitte.com/rss/en_GB/uk/f32dbdb724431210VgnVCM200000bb42f00aRCRD.rss Featured budget headlines from Deloitte United Kingdom en Tue, 12 May 2009 00:00:00 GMT Thu, 14 Mar 2013 13:37:38 GMT http://www.deloitte.com/view/en_GB/uk/d2e3b1f6edfd4410VgnVCM1000003256f70aRCRD.htm The Chancellor's radical changes to pensions means that the default investment strategies of defined contribution pension schemes may no longer be suitable for schemes’ members. Thu, 20 Mar 2014 11:10:41 GMT a2e3b1f6edfd4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/a521b1f6edfd4410VgnVCM1000003256f70aRCRD.htm Annuity providers are likely to see a squeeze on profitability but will develop products guaranteeing income or capital. Thu, 20 Mar 2014 11:05:06 GMT 7521b1f6edfd4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/1dc1adb2639d4410VgnVCM1000003256f70aRCRD.htm The government estimates that these measures will increase their revenue over the two tax years by £720m, taking into account an anticipated move away from the provision of private fuel. Wed, 19 Mar 2014 18:03:56 GMT ecc1adb2639d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/48a93604cf8d4410VgnVCM3000003456f70aRCRD.htm Commenting on the new corporation tax relief for theatres worth up to a fifth and the improvements to film tax relief, Rachel Austin, director at Deloitte. Wed, 19 Mar 2014 15:10:42 GMT 18a93604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/2bfd3604cf8d4410VgnVCM3000003456f70aRCRD.htm Allowing peer-to-peer lending to be included in ISAs is part of Government’s strategy to encourage alternative funding markets and increase lending to small businesses. Wed, 19 Mar 2014 14:50:39 GMT fafd3604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/ae9c3604cf8d4410VgnVCM3000003456f70aRCRD.htm These announcements are a welcome boost for brand Britain. They will be seen by many as an attempt by the Government to help British businesses get on track to meet its ambitious target to increase exports to £1trn by 2020. Wed, 19 Mar 2014 14:30:35 GMT 7e9c3604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/21e83604cf8d4410VgnVCM3000003456f70aRCRD.htm As expected, the Budget confirmed the 15% place of consumption (POC) tax will come in with effect from 1 December 2014. Wed, 19 Mar 2014 14:06:06 GMT f0e83604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/eff03604cf8d4410VgnVCM3000003456f70aRCRD.htm Andrew Power, insurance partner at Deloitte, comments on changes to pensions and annuity rules. Wed, 19 Mar 2014 13:51:24 GMT 05f03604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/b6ceadb2639d4410VgnVCM1000003256f70aRCRD.htm It was announced today that HMRC will undertake a fundamental review of the tax rules on employee travel and subsistence. Wed, 19 Mar 2014 13:48:18 GMT 86ceadb2639d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/f99f3604cf8d4410VgnVCM3000003456f70aRCRD.htm Wed, 19 Mar 2014 13:46:32 GMT c99f3604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/2aa23604cf8d4410VgnVCM3000003456f70aRCRD.htm Patricia Mock, a tax director in the private client services practice at Deloitte comments. Wed, 19 Mar 2014 13:40:09 GMT f9a23604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/531ccc19349d4410VgnVCM1000003256f70aRCRD.htm Wayne Weaver, UK banking tax leader at Deloitte, said: “Holding the bank levy at its current rate should encourage banks to concentrate on what they do best: lending to businesses and consumers.” Wed, 19 Mar 2014 13:39:35 GMT 211ccc19349d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/2f8dcc19349d4410VgnVCM1000003256f70aRCRD.htm Mark Groom, tax partner at Deloitte, comments on government's proposals to increase the participation levels in Share Incentive Plans (SIPs) and Save As You Earn (SAYE) schemes. Wed, 19 Mar 2014 13:37:38 GMT fe8dcc19349d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/4610cc19349d4410VgnVCM1000003256f70aRCRD.htm Daniel Lyons, partner for indirect taxes at Deloitte, comments on the Chancellor’s announcement that beer duty will be cut and the alcohol escalator abolished. Wed, 19 Mar 2014 13:16:27 GMT 1610cc19349d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/14becc19349d4410VgnVCM1000003256f70aRCRD.htm The chancellor announced today that he is keen to take further the Office of Tax Simplification’s recommendations to simplify the treatment and reporting of employer expenses and benefits. Wed, 19 Mar 2014 13:15:05 GMT e2becc19349d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/7dae3604cf8d4410VgnVCM3000003456f70aRCRD.htm Commenting on the growth forecasts announced in today’s Budget, Ian Stewart, chief economist at Deloitte. Wed, 19 Mar 2014 13:13:51 GMT 4dae3604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/68fa3604cf8d4410VgnVCM3000003456f70aRCRD.htm Following the announcement the personal allowance will rise to £10,000 from 6 April 2014, the expected further rise to £10,500 from 2015/16 has been announced today. Wed, 19 Mar 2014 13:13:18 GMT 38fa3604cf8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/d486cc19349d4410VgnVCM1000003256f70aRCRD.htm Mike Turley, head of public sector at Deloitte, comments on the cap on welfare spending announced in today’s Budget. Wed, 19 Mar 2014 11:05:34 GMT a486cc19349d4410VgnVCM1000003256f70a____ http://www.deloitte.com/view/en_GB/uk/3c77a2177d8d4410VgnVCM3000003456f70aRCRD.htm The government confirmed announcements earlier this week, that its new tax relief for childcare to be phased in from Autumn 2015 will be increased to £2,000 per child from the £1,200 originally proposed. Wed, 19 Mar 2014 11:01:08 GMT 0c77a2177d8d4410VgnVCM3000003456f70a____ http://www.deloitte.com/view/en_GB/uk/a624a2177d8d4410VgnVCM3000003456f70aRCRD.htm Data plays an incredible part in helping organisations to find new areas of growth, efficiency and competitiveness Wed, 19 Mar 2014 10:40:50 GMT 7624a2177d8d4410VgnVCM3000003456f70a____