4.04pm Corporation tax exemption for start up companies extended for 3 more years for businesses starting in 2012, 2013 & 2014
Posts Tagged ‘Budget 2012’
4.02pm New Foreign Earnings Deductions for companies exporting to and employees working in BRIC countries
4.00pm Stamp duty on commercial property being reduced from 6% to 2%
3.50pm No change in Corporation Tax rate of 12.5%
Flowing from Tuesday’s Budget, high earners can expect further restrictions on property tax reliefs and every buy-to-let investor can expect more reductions in the amount of mortgage interest they can offset as an expense against rental income, The Sunday Business Post reports.