Budget analysis on employment and pensions by Philip Fisher
The most significant changes in the employment tax field arising from George Osborne's first (Emergency) Budget are not necessarily the most obvious. Indeed in many ways from the perspective of tax legislation this might be seen as no more than a holding exercise with the expectation that far more may be forthcoming when the new Chancellor has had more time to get his feet under the table at Number 11.
Therefore both employers and employees should watch developments up to his first full Budget next March with interest. In the meantime we are left to contemplate enjoy or possibly fume at a relatively small number of significant changes or non-changes that the youngest Chancellor in living memory has already announced.
Income tax
There is a real concern that a 50% headline rate...
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Budget analysis on employment and pensions by Philip Fisher
The most significant changes in the employment tax field arising from George Osborne's first (Emergency) Budget are not necessarily the most obvious. Indeed in many ways from the perspective of tax legislation this might be seen as no more than a holding exercise with the expectation that far more may be forthcoming when the new Chancellor has had more time to get his feet under the table at Number 11.
Therefore both employers and employees should watch developments up to his first full Budget next March with interest. In the meantime we are left to contemplate enjoy or possibly fume at a relatively small number of significant changes or non-changes that the youngest Chancellor in living memory has already announced.
Income tax
There is a real concern that a 50% headline rate...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
