Inside Track: Making a drama out of a crisis
|Category|| Technical Articles
Article by Bill Dodwell, Chairman, CIOT International Tax Sub-Committee. This article appeared in the December 2008 issue of Tax Adviser. Few chancellors get the chance to deliver not just one but two dramatic pre-Budget reports. After the huge personal tax changes last year, we had a crisis mini-Budget on Monday 24 November 2008. Quite bizarrely, the two main changes had hit the headlines over the previous weekend - the Treasury chose to brief the press on the VAT cut and the 45% higher tax rate planned for 2011.
December 2008 by
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