The Government has announced that at 12.30pm on Wednesday 9 December 2009, Alistair Darling will make his Pre-Budget speech.
The Chancellor is expected to outline how he plans to reduce public debt over the next four years. Many experts have been predicting changes to Capital Gains Tax and further changes to the new 50p rate of Income Tax being implemented in April 2010. Also, will he look at changing the VAT rate in the future, which is set to return to 17.5% in January 2010?
Our senior team will be listening to the live Budget speech and looking at how the measures announced will affect our clients, so watch this space!!!