offshore company formation company formations
uk and offshore companies Legal company registration
spacer
Date and Time
 
   
About Us
Contact Business Inc
UK Incorporations
offshore company incorporation
Virtual Office Services
Business Credit Search
Bank Account UK & Offshore
Merchant Accounts
Web Services
Company Software
IT Services
Graphic Design
Partners
Community
Support
Links & Useful Info
Press Release
Legal - Terms and Conditions
Sitemap
Members Login
+44(0) 20 7392 7900
Formation
Business Inc company profile, Company Registration, Offshore companies, Virtual Office, Company services Business Banking, Merchant Accounts, Web Services, Business Software, IR services, Graphic design. Company Credit reports, Publication and tax books
Form a Company
UK company formation agent IncorporatorBusiness News
 


Chancellor delays CGT announcement until New Year

18/12/2007  10:38:40

 


 

The chancellor Alistair Darling has announced that he will not announce his final decision on the controversial capital gains tax reforms until the New Year.

Mr Darling had previously said he would make an announcement about the abolishment of capital gains tax taper relief before Christmas at a speech delivered at the Confederation of British Industry (CBI) conference last month.

But speaking in the House of Commons last week, the chancellor said that due to a wide range of recommended changes by leading company directors and business groups, he would not be in a position to reveal his decision until the New Year.

Mr Darling has been criticised by some company directors and lobby groups who say his indecision adds confusion and uncertainty to business owners.

John Wright, national chairman of the Federation of Small Businesses, said: "We are still no clearer on what will happen with the tax arrangements for millions of small business owners and entrepreneurs come April next year.

"This is not a good situation to be in and one that we had hoped would be resolved by now."

If implemented, Mr Darlings reform will bring an 18 per cent rate of capital gains tax across the board, which means a big tax rise for companies currently paying at the rate of ten per cent.

See copyright notice

return to previous     Book Mark Manager    RSS

return to business news home  
Other Top Business News Stories


19/12/2007 University is confidence-booster for entrepreneurs
19/12/2007 FSB welcomes Companies Act
18/12/2007 Entrepreneurs gloomy about financial future
18/12/2007 Chancellor delays CGT announcement until New Year
17/12/2007 Data protection is "badge of good governance"
17/12/2007 "Nightmare year" for SMEs
13/12/2007 Government says it is on track to cut red tape
13/12/2007 Businesswomen need continuous support
12/12/2007 Web attack locks firms out of their sites
2007-12-12 Less red tape encourages UK company formation
 
 

   
Low cost web-design, hosting and e-commerce development Online Business News by Category
 
 

UK & Offshore company formation and banking news

 

Tax Havens, Asset Protection and Tax News

 

Director and Company Credit reports

 
 

Company Formation

 
 

Offshore Company Formation

 
 

 

Business News Archive


2007      Mar |  Apr |  May |  Jun |  Jul |  Aug |  Sep |  Oct |  Nov |  Dec  

Offshore Companies

Information on offshore companies and offshore corporate structuring is available on several sections of this site. Incorporation and company law information is available in the offshore companies section. Specific information can be found on the relevant jurisdiction page. Further information is available on our excellent Tax Cafe publications. Related topical news stories can be found on this page.

bvi companies | panama offshore incorporation | FAQ UK formation | UK company guides | Company House forms | online company formation | public limited company plc | uk business bank account | london accountant | non geographic numbers | uk company credit report | European business credit reports | international company credit reports | Incorporate Online

Business Inc Company Profile
quicklinks
   
 
Click on the links to get the service
   
 
Company formation with bank account
   
 
Click on the links to get the service
   
 
Click on the links to get the service
   
 
Tel: +44(0)20 7183 1164
Follow us
   
 
Click on the links to get the service
   
 
Cheap letterheads & Cards
   
 
Click on the links to get the service
   
 
  Business-inc certified by ISO 9001  
   
 
  Company Formation  
 
company limited by guarantee | limited liability company formation | llc formation | Merchant Accounts | Payroll Services |
UK and offshore company formations agent providing a comprehensive range of business services. © 2007 Business Inc Ltd All rights reserved
Business-inc company profile see our business partners Register and reseve for £ 19 Comapny Credit Reports Profile Partners legal Contact Us checkout