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John M Taylor & Co | Accountants Paisley/Taxation/Vat Returns/Business Start Ups/Sage/Payroll/Bookkeeping

Government Announcements Expected on Tax Issues

On Monday 29 November the Office for Budget Responsibility (OBR) will publish its updated forecast for the economy. The Chancellor of the Exchequer will respond to that forecast in a statement to the House of Commons.

We are unsure whether or not the Chancellor will announce significant tax measures which are usually announced around this time of year in a Pre-Budget Report. A number of important announcements are expected around the end of November and early December. We will update you next months on significant changes.

Internet link: http://www.hmrc.gov.uk/budget-updates/index.htm

Posted - 20/12/2010

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