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Budget cancelled

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    Budget cancelled

    Coronavirus: Autumn Budget to be scrapped this year - BBC News

    Does that mean no IR35 in April or will there just be a finance bill and this is bollocks?
    See You Next Tuesday

    #2
    Originally posted by Lance View Post
    Coronavirus: Autumn Budget to be scrapped this year - BBC News

    Does that mean no IR35 in April or will there just be a finance bill and this is bollocks?
    Isn't it mandatory to have 1 budget in a tax year? Or did I hear that wrong.

    Comment


      #3
      Originally posted by heyya99 View Post
      Isn't it mandatory to have 1 budget in a tax year? Or did I hear that wrong.
      Think you'll find that in the new tory world, judicial scrutiny, parliamentary scrutiny and press scrutiny will all be legislated into history.
      When freedom comes along, don't PISH in the water supply.....

      Comment


        #4
        Johnson has only managed one and that had to be delayed

        Sent from my 5g carrier pigeon
        Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.

        Comment


          #5
          Originally posted by Lance View Post
          Coronavirus: Autumn Budget to be scrapped this year - BBC News

          Does that mean no IR35 in April or will there just be a finance bill and this is bollocks?
          Nah, that is already law. Last Finance Act.

          Comment


            #6
            Jobs, jobs, jobs may be the current priority but that will shortly become tax, tax, tax.

            Comment


              #7
              Originally posted by jamesbrown View Post
              Jobs, jobs, jobs may be the current priority but that will shortly become tax, tax, tax.
              First aim will be to inflate it away - only if that fails will tax be tried.
              merely at clientco for the entertainment

              Comment


                #8
                Originally posted by eek View Post
                First aim will be to inflate it away - only if that fails will tax be tried.
                All the kite flying was exaggerated, by definition, but taxes are only heading in one direction. Especially in Autumn 2021/April 2022. Dividend tax, capital gains tax, pension annual allowance and a bunch of stealth taxes and freezing of thresholds. They probably won’t break their manifesto, so the other stuff will need to do the heavy lifting.

                Comment


                  #9
                  I’m currently going through liquidation of my company with the distribution next month. Does this mean I’ll have escaped any mooted CGT changes? I need to know!

                  Comment


                    #10
                    Originally posted by eek View Post
                    First aim will be to inflate it away - only if that fails will tax be tried.
                    Everything is pointing towards a stagflationary future.

                    Comment

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