In challenging economic times, the Chancellor needed to announce a confident, stable Budget; one based on sound, practical, economic decisions, rather than vote-winning, short-term, political solutions. So, has he delivered on this? The Budget certainly had a more positive tone than we expected with a strong emphasis on supporting the...
In challenging economic times, the Chancellor needed to announce a confident, stable Budget; one based on sound, practical, economic decisions, rather than vote-winning, short-term, political solutions. So, has he delivered on this? The Budget certainly had a more positive tone than we expected with a strong emphasis on supporting the...
As today’s Budget delivers £54m of new money to Northern Ireland over the next two years, just how will the Chancellor’s announcements impact on the local economy? To expand on the implications of today’s Budget Statement for the economy, taxpayer and business, we asked PwC Northern Ireland chief economist, Dr...
A quick reference guide to UK tax rates and allowances for individuals, companies and other taxpayers following announcements in Budget 2013. This data was prepared on Budget day 20 March 2013. It's a brief overview for temporary reference and general guidance on matters of interest only, and doesn't constitute professional...
According to the Federation of Small Business (FSB), SMEs account for 99.9 per cent of all private sector businesses in the UK, 59.1 per cent of private sector employment and 48.8 per cent of private sector turnover. On the back of today’s Budget, Mary Monfries, PwC Tax Partner, talks about...
The Budget has announced new measures to support shale gas exploration according to PwC’s Alan McCrae, head of UK energy tax: “The details will be welcomed by the shale gas industry and will encourage new investment in an area that could provide significant jobs and growth for the UK economy....
The Northern Ireland Executive gets £54million, while the Budget offers a gaggle of measures to help business, householders and the low paid, according to advisors, PwC. PwC says that, while the measures are generally welcome, the impact of the recent downturn, as illustrated by today’s 15-year unemployment high, will be...
Barry Murphy, PwC Tax Partner, looks at the impact of Budget 2013 on larger businesses and whether George Osborne is continuing to deliver on his commitment to send the message that the UK really is 'open for business'. In summary, Barry suggests it’s probably not time to pop the champagne...
Manufacturers and high technology industries will benefit from today’s announcement of the 10% research and development incentive Martin Fleetwood, PwC tax partner in Northern Ireland said: “This is good news for Northern Ireland’s firms and especially those in high technology sectors, like life sciences and aerospace. “The credit, which comes...
Northern Ireland benefits to the tune of £54million from today’s Budget, according to advisors, PwC. On the day the region’s claimant count unemployment hit a 15 year high, the Chancellor gave with one hand and then took away with the other. The region gets £94million as part of the infrastructure...
