1514Finance and Accountancy Briefings

Finance and Accountancy Briefing

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Budget 2011 - Corporate Business

Overview

The chancellor delivered his 2011 Budget on 23 March against a background of weakening economic growth and with little opportunity to give anything away. However, despite a fragile economy but still keen to stimulate growth, it was not a tax-raising budget. Overall, it is expected to be a neutral budget in terms of taxes raised. The new bank levy created some opportunities to provide incentives, and this briefing focuses on the changes announced that affect entrepreneurial businesses and corporate groups, in particular:

• Shareholder and investor measures

• Corporate taxes

• Employment taxes

• International matters

• VAT

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Tags: Tax, Budget, Corporation Tax, VAT, shareholders.

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