Chancellor George Osborne delivered this year's Budget on Wednesday 21 March 2012. The main areas of focus were a stable economy, a fairer, more efficient and simpler tax system and reforms to support growth.A summary of the budget can be found at the official web pages We would recommend a discussion with your accountant on any issues that may effect you or your business such as:
Corporation tax cuts in the main rate
Income tax changes
Stamp duty
Improved Enterprise Management Incentive schemes
IR35
The usual changes to VAT registration limits and fuel scale charges
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