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Budget
 
Budget
 
We have just learned that the date set for the Budget is 22 April 2009 at 12.30pm.
Transfers of income streams
 
HMRC has issued the following update:
 
'Following publication last November of a further HM Revenue & Customs/HM Treasury (HMRC/HMT) consultation document on principles-based legislation an “open day” was held on 23 January to discuss with interested parties the draft legislation relating to transfers of income streams.
 
'Attendees at the open day raised a number of concerns about how the legislation would operate in practice. As a result it was agreed that a second open day will be held in February....

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