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Government Announcements

Corporation tax cuts likely to be phased in

Plans by the government to reduce the higher rate of corporation tax may well be phased in over a period of years.

Action promised on business lending

In his first major speech as Business Secretary, Vince Cable committed the government to taking a tougher line on parts of the banking system that have “not served enterprise in this country as well as they could”.

Government pledge to tackle business red tape

The government has outlined the first phase of its plans to reduce the level of regulation affecting businesses.

Government promises review of pension system

The government is looking to carry out a wide-ranging reform of the pensions system.

Government yet to fix plans for CGT

The government has yet to make a decision on the exact nature of proposed increases in capital gains tax.

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