Deloitte UK Budget headlines

Budget 2013: Bill Dodwell, Head of Tax Policy at Deloitte comments on the Budget

Wed, 20 Mar 2013 15:05:37 GMT

Bill Dodwell, Head of Tax Policy at Deloitte: “Is Budget 2013 a social media story? Chancellor George Osborne arrived on Twitter with his first tweet and photograph at 8.08am on Budget Day.

Budget 2013: Deloitte comments on creative sector tax relief

Wed, 20 Mar 2013 14:44:12 GMT

In his 2012 Budget the Chancellor announced his intention to introduce a creative sector tax relief.

Budget 2013: Deloitte comments on real estate funds

Wed, 20 Mar 2013 14:31:36 GMT

David Brown, partner in real estate tax, said: “The Budget announced a consultation on broadening the scope of existing exemptions from UK tax for non-UK funds that are managed by UK-based investment managers.

Budget 2013: Abolition of stamp duty reserve tax makes London more attractive for small caps

Wed, 20 Mar 2013 13:40:21 GMT

Michael Quinlan, partner and head of Securities Tax at Deloitte, comments on the abolition of stamp duty and stamp duty reserve tax (SDRT) on junior market shares.

Budget 2013: FATCA-style rules extend to Crown Dependencies

Wed, 20 Mar 2013 13:26:37 GMT

The Government has announced a tax information agreement with Jersey, Guernsey, Isle of Man and the Cayman Islands.

Budget 2013: Deloitte comments on the impact of today’s Budget on UK housing

Wed, 20 Mar 2013 13:20:27 GMT

James Pargeter, head of residential projects at Deloitte Real Estate, comments on the impact of today’s Budget on UK housing.

Budget 2013: Deloitte comments on the deferral of the corporation exit tax

Wed, 20 Mar 2013 13:19:52 GMT

It is disappointing that the new options on the deferral of corporation exit tax do not seem to bring the UK law fully in line with European Court of Justice’s decision.

Budget 2013: Deloitte comments on company car tax rates

Wed, 20 Mar 2013 12:34:45 GMT

The Chancellor today announced measures to incentivise the use and manufacture of ultra-low emission vehicles in the UK and ensure that company car tax continues to support the sustainability of public finances.

Budget 2013: Deloitte comment on public sector procurement rules

Wed, 20 Mar 2013 12:05:22 GMT

Kirsty Garrison, tax partner at Deloitte, comments on public sector procurement rules.

Budget 2013: Deloitte comments on Home Ownership

Wed, 20 Mar 2013 12:02:34 GMT

James Pargeter, head of residential projects at Deloitte Real Estate, comments on home ownership details in today’s Budget.

Budget 2013: Deloitte comments on 10% R&D boost for British companies

Wed, 20 Mar 2013 11:55:53 GMT

Carmen Aquerreta, head of R&D and Patent Box at Deloitte, comments on the 10% rate for R&D relief and its impact on jobs and growth in the UK.

Budget 2013: Deloitte comments on REITs

Wed, 20 Mar 2013 11:43:10 GMT

Phil Nicklin, real estate tax partner at Deloitte, comments on the impact of today’s Budget on Real Estate Investment Trusts.

Budget 2013: Ian Stewart, Chief Economist at Deloitte, comments on today’s Budget

Wed, 20 Mar 2013 11:32:27 GMT

The halving of the official growth forecast for this year left the Chancellor with a tough hand to play in today’s Budget. The official forecast for growth in 2013, at 0.6%, is even more pessimistic than the average economist.

Budget 2013: Levy rise makes it harder for banks to increase lending

Wed, 20 Mar 2013 11:22:29 GMT

Deloitte, says the Chancellor’s decision to increase the Bank Levy to 0.142% will make it harder for banks to lend to small business and consumers.

Budget 2013: Deloitte public sector partners comment on public spending

Wed, 20 Mar 2013 00:00:00 GMT

In response to today’s Budget, partners from Deloitte’s public sector practice comment on the impact on public finances, education and policing.

Budget 2013: Deloitte comments on oil and gas announcements in Budget 2013

Wed, 20 Mar 2013 00:00:00 GMT

The Chancellor today announced proposals for a new field allowance for shale gas and an extension of the current ‘Ring Fence Expenditure Supplement’ rules to encourage development.

Budget 2013: NIC costs set to increase as second state pension comes to an end

Wed, 20 Mar 2013 00:00:00 GMT

Today’s Budget confirmed the Government’s plans to end the second state pension. This was payable in addition to the basic state pension, at a rate which increased with an individual’s national insurance contributions (NIC) paid over their working life.

Budget 2013: Government extends tax relief for childcare

Wed, 20 Mar 2013 00:00:00 GMT

The Government announced earlier this week that tax relief for childcare will be extended to self-employed as well as employed parents from April 2015.

Budget 2013: Deloitte comments on the omission of Air Passenger Duty reform

Wed, 20 Mar 2013 00:00:00 GMT

Daniel Barlow, an indirect tax partner in the travel, hospitality and travel practice at Deloitte, comments on the omission of Air Passenger Duty reform.

Budget 2013: Deloitte comments on the OECD’s work on tax base erosion and profit shifting (BEPS)

Wed, 20 Mar 2013 00:00:00 GMT

The OECD’s work on base erosion and profit shifting (BEPS) is going to be key in ensuring that aspects of international company taxation rules are brought up to date.