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Government Announcements

Emergency Budget 2010: employers offered national insurance boost

It has been a matter of policy for the government to reverse plans of the previous administration to push up national insurance contributions by 1 per cent as from next April.

Emergency Budget 2010: millions get income tax break

The Chancellor has acted on long-term coalition government plans to increase the personal income tax allowance to £10,000.

Emergency Budget 2010: companies see corporation tax reduction

The Chancellor delivered against his earlier promises to cut the rate of corporation tax.

Emergency Budget 2010: CGT increases but not for all

The six-week long debate over the exact nature of the coalition government’s commitment to a hike in capital gains tax is finally over.

Emergency Budget 2010: VAT to rise

As had been expected, the Chancellor has chosen to raise the basic rate of VAT, from 17.5 per cent to 20 per cent.

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