Government Announcements

The government has announced that the emergency Budget will be delivered on Tuesday 22 June.

The Chancellor, George Osborne, has announced that the emergency Budget will be delivered on Tuesday 22 June 2010.

Plans by the new government to increase capital gains tax in certain instances so that it more closely matches income tax have raised concerns among investor groups.

The plans laid out by the new coalition government could mean a rise in taxes, with VAT a favourite target, experts have warned.

The new government’s decision to drop the planned 1 per cent increase in national insurance contributions for large numbers of staff has been applauded by a leading business group.

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