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Posts Tagged ‘Budget 2011’

WEALTH TAX

The new so-called  ‘rich tax’ could take away the “lifeline to small business” by excluding traditional investors from taking part in the much-touted successor to the Business Expansion Scheme, according to tax, pension and legal adviser firm, ITC Consulting.

USC & THE SELF EMPLOYED

Death and taxes are often cited as the two inevitables in life but there is a third: political rhetoric. And in the run-up to what is surely the most interesting general election in decades, the policies and promises are changing faster than last week’s passing of the Finance Bill.

RESTRICTION OF PROPERTY BASED ALLOWANCES DEFERRED

The Minister for Finance Brian Lenihan has today published the Finance Bill 2011. The Ministers speech and the Bill itself can be found here

A key provision of the Budget – the restriction of property based Capital Allowances has been deferred until ‘the next tax year’ pending the publication of an economic impact assessment of the changes. All that lobbying paid off!

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