Commenting on proposals outlined by the deputy prime minister to encourage employee ownership, David Glen, tax partner at PwC, said: "Encouraging employee ownership makes great sense. A recent study we sponsored at Loughborough university provides evidence that employee share ownership has a positive impact on employees' attitudes and behaviours at...
While much of George Osborne's hour long speech had been trailed, there was still a lot of content in there and, as ever, more devil in the detail when the full document was released. In challenging economic times, the Chancellor needed to announce a confident, stable Budget; one based on...
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...
While the Chancellor today admitted that the Government’s economic plan was ‘taking longer than anyone hoped’, he confirmed his intention to ‘hold to the right track’ and ensure that everyone knew that ‘Britain was open for business’. Cutting corporation tax to 20% was one of a number of moves made...
In order to encourage development of the UK shale gas industry, the Government announced new measures to support shale gas exploration: Alan McCrae, head of UK energy tax, PwC, said: “The announcement today will be a very welcome boost to the shale gas industry and will encourage new investment in...
