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BUDGETS, BUDGETS, BUDGETS

DECEMBER 18TH 2009 | 02:37 TAGS: TAX

Well it’s come and gone and we are none the wiser. The predictions that the Pre Budget Report on the 9 December 2009 would introduce draconian Capital Gains Tax (CGT) anti-avoidance rules in advance of an increase in the rate of CGT in the Budget in March did not happen; the abolition of Business Property Relief did not happen and where were the spending cuts? Certainly they were not announced in detail in the PBR.

Instead we got the following:

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