Bytestart - Budget 2008 Tax
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Budget 2008

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Still time for Chancellor to mend Capital Gains Tax damage
[December 3, 2007] With the Chancellor under fire from all sides, he can still seize the opportunity to turn the furore over his controversial CGT reforms into a chorus of approval by boosting entrepreneurship and investment according to a leading accountant.
 
Pressure grows on Government over CGT taper relief changes
[November 27, 2007] The Treasury Select Committee has joined millions of small business owners in criticising the Chancellor's Pre-Budget Report which included plans to abolish Capital Gains Tax taper relief.
 
Capital gains tax change will 'damage enterprise culture'
[November 26, 2007] The latest CBI research shows that small business owners believe that next April's capital gains tax changes will have a negative impact on their businesses.
 
Chancellor's CGT "relief fund" U-turn blasted by business experts
[November 1, 2007] The Chancellor has been criticised once again over a u-turn on his 18% flat rate CGT proposal. Retiring business owners may be given tax relief upon a sale, but this has been blasted as clumsy and ill-thought-out.
 
CGT hike u-turn on the cards for retiring business owners
[October 31, 2007] Just weeks after the Chancellor controversially announced a new flat 18% CGT rate for business sales, several leading newspapers have reported that the Government is preparing to make a significant concession by creating a "relief fund" for retiring business owners.
 
Taper Relief Change - Business groups meet with Chancellor over CGT concerns
[October 23, 2007] Four key business groups have met with the Chancellor to protest over the taper relief / CGT changes which are due to take effect from 6th April 2007
 
CGT tax hike could affect business owners in retirement
[October 22, 2007] The Federation of Small Businesses has warned that the Chancellor's decision to increase the capital gains tax rate will affect business people in their retirement, as well as during their day-to-day activities.
 
Budget 2007 tax changes shows Government does not understand small businesses
[October 19, 2007] The FSB has responded to a Government consultation on tax changes in this year’s Budget by saying that the Government demonstrates a lack of understanding of small businesses.
 
Capital Gains Tax change - an anti-enterprise measure
[October 15, 2007] An early stage investment specialist says the 18% flat rate CGT change is a very blunt instrument that will hit enterprising small businesses and investors willing to take higher risks much harder than private equity bankers doing large, lower risk deals
 
Pre-Budget Report 2007 - Inheritance Tax, CGT Changes
[October 10, 2007] Overview of the changes announced in the 2007 Pre-Budget Report. Includes changes to Inheritance Tax (IHT), Capital Gains Tax (CGT) and the non-domicile regime.
 
Business reaction to the Pre-Budget Report
[October 10, 2007] Reaction to the Chancellor's pre-budget report, particularly in relation to the abolition of taper relief, effectively increasing the CGT rate from 10% to 18%.
 
Is Brown sacrificing small firms in bid to woo the City?
[March 26, 2007] An article in the Sunday Times argues that Brown's latest tax changes will have little impact on the UK's international competitiveness - and small companies are understandably outraged by the Small Firms tax rate hike.
 
Budget 2007 - Main Points
[March 22, 2007] Key points from the 2007 Budget - this page will be updated frequently.
 
Budget 2007 - Bytestart's Point of View
[March 22, 2007] How Budget 2007 was a slap in the face for small business people - a rise in the small business tax rate will cost thousands each year for smaller companies.
 
Budget 2007 and Managed Service Companies
[March 22, 2007] How Budget 2007 affected the proposed Managed Service Company Legislation which is due to be implemented on 6th April 2007
 
Budget 2007 and Business - What the experts say
[March 21, 2007] Some expert reaction to the changes announced in the Budget - with a particlular emphasis on Corporation tax changes and the effect on small businesses.
 
How Businesses may be affected by Budget 2007 - Predictions
[March 20, 2007] How will businesses fare in this year's budget? Some predictions from Grant Thornton.
 
Chancellor expected to play it safe in last "green" budget
[March 19, 2007] The Chancellor's rhetoric on tackling climate change will not be matched with measures of any real substance in this week's budget, according to PKF.
 
Chancellor urged to use Budget to re-think mandatory online tax filing for small firms
[March 12, 2007] The Forum of Private Business is calling on the Chancellor to use the Budget speech to change his approach of trying to force smaller businesses to submit tax returns online.
 
Budget 2007 - PWC Predictions on Business and Personal Tax
[February 28, 2007] With Budget 2007 less than a month away , PricewaterhouseCoopers LLP is predicting the odds for what might appear in the Chancellor of the Exchequer’s speech.

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