Budget 2013 - Some good news when it comes to taxes (From Daily Echo)
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Budget 2013 - Some good news when it comes to taxes
9:10am Thursday 21st March 2013 in Politics
Simon Court
WITH the economy in the doldrums, the Chancellor had his hands tied when it comes to tax windfalls, says tax expert Simon Rhodes.
Simon Court, pictured, head of corporate tax at Chandler’s Ford law firm Blake Lapthorn, said: “George Osborne admitted that the budget is ‘fiscally neutral’ so that any tax cuts had to be paid for.”
But he said there was some good news.
“The personal allowance is to be raised to £10,000, working parents will be able to recoup childcare costs up to £1,200 per child, and, in an attempt to help people get on the property ladder, interest-free loans and guaranteed mortgages will be available to home buyers.
“The tax burden on businesses will be eased by a reduction in corporation tax to 20 per cent, and the first £2,000 of their employer’s National Insurance bill being taken off.
“It will be welcomed by businesses and it does mean the UK will have one of the lowest rates of corporation tax in the developed world.”
Budget 2013 - Homebuyers scheme welcomed
9:03am Thursday 21st March 2013
PEOPLE in Southampton will be able to buy a typical first home with a deposit of just £6,500, George Osborne pledged in yesterday’s Budget.
Budget 2013 - Pubs say cheers
9:20am Thursday 21st March 2013
HAMPSHIRE’S embattled pubs will be cheering on the Chancellor’s decision to scrap the beer duty escalator which is blamed for forcing pubs out of business.
Budget 2013 - More of the same says opposition
9:16am Thursday 21st March 2013
LABOUR leader Ed Miliband attacked a “more of the same” Budget from “downgraded Chancellor” George Osborne.
Budget 2013 - Some good news when it comes to taxes
9:10am Thursday 21st March 2013
WITH the economy in the doldrums, the Chancellor had his hands tied when it comes to tax windfalls, says tax expert Simon Rhodes.
Budget 2013 - Working families 'no better off than before'
9:08am Thursday 21st March 2013
FOR many families across Hampshire they were hoping that George Osborne would offer some relief to the rocketing bills.
Budget 2013 - Pensioners 'forgotten'
9:05am Thursday 21st March 2013
“IT is no change for us.” That was the verdict of Don Harper, secretary of the Southampton Pensioners’ Forum.
