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Budget 2011: stability and clarity the lasting legacy

The 2011 Budget was the coalition government’s first opportunity to demonstrate in practice its approach to tax policy announced last year and to signpost the key themes for the rest of this Parliament.
The 2011 Budget was the coalition government’s first opportunity to demonstrate in practice its approach to tax policy announced last year and to signpost the key themes for the rest of this Parliament. It’s commitment to consultation has been manifested in this Budget with many new initiatives announced only in principle pending more detailed consultation later in the year. In that light this Budget is one of themes and principles that can only be analysed for general intentions rather than one of substance that can be reviewed in detail at this stage.
 
No Budget can pass without a crackdown on anti-avoidance but perhaps this Budget was more interesting than previously. There is...

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