The Chancellor has announced that this year's Pre-Budget Report will be given at 12.30pm on Wednesday 9 December.
Debt buy-backs
On 9 November 2009 the Financial Secretary to the Treasury Stephen Timms made this statement:
'I am today announcing the Government's intention to introduce in the next Finance Bill a further change to the rules on how groups of companies are taxed when they buy back their issued debt at a discount to the amount borrowed. The further change is in addition to the changes I previously announced in my Statement on 14 October [see pages 2 and 12 of Issue...
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The Chancellor has announced that this year's Pre-Budget Report will be given at 12.30pm on Wednesday 9 December.
Debt buy-backs
On 9 November 2009 the Financial Secretary to the Treasury Stephen Timms made this statement:
'I am today announcing the Government's intention to introduce in the next Finance Bill a further change to the rules on how groups of companies are taxed when they buy back their issued debt at a discount to the amount borrowed. The further change is in addition to the changes I previously announced in my Statement on 14 October [see pages 2 and 12 of Issue...
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:
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