Business Tax

New tax allowances to boost Scottish energy investment

Oil and gas industries in the North Sea are set to benefit from increased investment after the Government unveiled plans to alter taxes affecting the sector in the Budget.

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Chancellor defends Budget

Chancellor George Osborne has been defending yesterday's Budget in a string of media interviews after accusations of hitting the elderly with reduced tax allowances and aiding the highest earners.

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Budget 2012: Potential tax reforms could aid SMEs

Small businesses may benefit from a simplified tax system in which full accounts may not have to be presented to HMRC, under plans announced by Chancellor George Osborne in the Budget.

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Budget 2012: Business reaction

Business groups and commentators have given initial responses to the Budget announced this afternoon, which Chancellor George Osborne said would 'unashamedly back business', encourage investment and create more jobs.

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Budget 2012: Announcements for businesses

Budget 2012 was designed to prove that the UK 'unashamedly backs businesses' according to Chancellor George Osborne.

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Budget 2012: Chancellor begins against record borrowing figures

Chancellor George Osborne stands to deliver today's Budget after a blow this morning from official figures indicating that public sector borrowing hit a record £15.183 billion pounds last month - close to double of the £8.875 billion in February and what economists had forecast.

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Osborne: Budget to tackle stamp duty avoidance

New 'aggressive' measures to deal with stamp duty tax avoidance will form part of Wednesday's Budget, Chancellor George Osborne has confirmed.

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Government closes agricultural tax loophole

The Government has moved to immediately close an 'aggressive' income tax avoidance scheme involving property business loss relief.

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Report advises fairer treatment of tax disputes

Tax compliance and disputes handled by HMRC should be handled with complete impartiality regardless of company size, a Treasury sub-committee report has found.

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Business leaders push for 'realistic' Budget targets

Chancellor George Osborne should make 'a radical shift in policy' in the forthcoming Budget in order to boost the economy in the long term, according to the Institute of Directors (IoD).

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