Page 10 - Super Deduction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For us it sets out the UK’s international strategy for this decade and beyond. It follows a clear-eyed analysis of our capabilities, and the opportunities and the threats that we face in the world today and tomorrow. Our conclusion – and my argument today – is this. The UK has a central role to play on the world stage as an independent sovereign state, a leading member of the western alliance, and an energetic and dependable partner in the growing prosperity of the Indo-Pacific region. These features of our foreign policy – our independence, our partnerships, our commitment to the Eas...

THE Budget is a tale of two halves for Northumberland farmers trading as companies, according to a leading accountancy firm.

THERE have been some welcome steps in the budget to help the environment but more needs to be done. That is the view of Philip Dunne, MP for Ludlow and chairman of the all-party environment audit committee. “As Chairman of the Environmental Audit Committee, I had called for policies to help the UK meet its environmental obligations,” he said. “The major boost to business investment through a Super Deduction capital allowance for the next two years will help business invest in newer, cleaner, technology. “While I welcome announcements to develop Freeports and growth hubs incl...

Big businesses are grudgingly accepting a higher tax burden as they prepare to play their part in rebuilding Britain’s finances in the wake of the pandemic. In a move that sent shockwaves through boardrooms, Chancellor Rishi Sunak said in the Budget on Wednesday that the headline rate of corporation tax would rise from 19 per cent to 25 per cent in 2023 as he desperately tries to plug the hole in the public purse. The increase is the first since Labour’s Denis Healey put up corporation tax in 1974, and according to the Office for Budget Responsibility it will raise an extra £17.2billion ...

Excluded areas: breweries and wet-led pubs won't benefit from the VAT reduction extension as it does not apply to alcohol (image: Getty/Odairson Antonello Plans outlined in the Chancellor’s Spring Budget, such as the VAT cut extension, will lead to further brewery closures according to one trade body. “The Chancellor spent an extraordinary amount of taxpayers money to help keep the economy moving and jobs protected, pledging almost £59bn to policies including furlough extensions, continued business rates cuts, grants for hospitality of up to £9,000 and a seri...