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HM Treasury - Capital Allowances Loophole Ended
The Government has bought forward the closure of a loophole which allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief.The change,...
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Government Announces 11 New Enterprise Zones to Accelerate Local Growth
The location of eleven new Enterprise Zones, designed to boost local growth and create over 30,000 new jobs by 2015, have been announced by the Prime Minister, David Cameron, the Chancellor of the...
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HM Treasury - Agreement with Switzerland to Secure Billions in Unpaid Tax
The Government is initialling an historic agreement with Switzerland to tackle offshore tax evasion.The agreement will resolve the long-standing abuse of Swiss banking secrecy by those who seek to...
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Government Announces New Legislation to Block Tax Avoidance Involving...
The Government has announced that it is introducing new legislation, effective from today, to block a tax avoidance scheme involving Manufactured Overseas Dividends (MODs). The scheme could have...
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HM Treasury - Progress Made on Scotland Bill, but 'Still a Long Way to Go'
Exchequer Secretary to the Treasury, David Gauke gave evidence on behalf of the UK Government to the Scotland Bill Committee. The Committee asked the Minister about a range of issues relating to the...
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HM Treasury - Council Tax Freeze
The Chancellor of the Exchequer has today announced new support for local authorities to help them freeze council tax next year.The Government has set aside an extra £805 million to help freeze council...
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FCO - Minister for Human Rights marks World Day Against the Death Penalty
On the eve of the eighth anniversary of the World Day Against the Death Penalty, & the fourth anniversary of the European Day Against the Death Penalty FCO Minister Jeremy Browne has issued a...
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FCO - William Hague Arrives in Malta on Official Visit
The Foreign Secretary has arrived in Malta, his first visit since taking office and the first bilateral visit by a UK Foreign Secretary since Douglas Hurd.The Foreign Secretary will meet Prime Minister...
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FCO - Foreign Secretary Re-opens British Embassy in Tripoli
Foreign Secretary William Hague has officially re-opened the British Embassy in Tripoli, and appointed a new Ambassador, Sir John Jenkins. During his visit, the Foreign Secretary met NTC Chairman...
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HM Treasury Launches Review in to Management of the Financial Crisis
HM Treasury is reviewing its response to the financial crisis. The review is being led by Sharon White, formerly a Director General at the Ministry of Justice and the Department for International...
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HM Treasury Confirms Higher ISA Limits for 2012-13
Following the publication today of inflation figures for September by the Office for National Statistics (ONS), HM Treasury has announced that subscription limits for Individual Savings Accounts (ISAs)...
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Foreign Secretary Statement Following the Death of HRH Crown Prince of Saudi...
Foreign Secretary William Hague has made a statement offering his condolences to the Kingdom of Saudi Arabia and its people.He said:"I was very sad to hear of the death of HRH Crown Prince Sultan bin...
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HM Treasury - Junior ISAs to Help Parents Save for their Children's Future
Parents will be able to open a Junior ISA account for their children at a range of high street institutions, Financial Secretary to the Treasury Mark Hoban has confirmed. Around six million children...
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HM Treasury - Government Sets Out its Offer on Public Service Pensions
The Government has set out details of its offer to workers on public service pensions. This new offer will mean that while most workers will still have to work longer and pay more, the pension that...
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HM Treasury - Independent study on general anti-avoidance rule published
Graham Aaronson QC has today set out his recommendation to the Government for the introduction to the UK tax system of a narrowly focused general anti-abuse rule (GAAR). The recommendation is published...
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HM Treasury - Remote Islands to Get Cheaper Fuel from March 2012
Chief Secretary to the Treasury Danny Alexander has announced that from March 2012 motorists in remote island communities will benefit from a 5 pence a litre fuel discount.The announcement came after...
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HM Treasury - Government Ends Exploitation of Channel Islands VAT Rules
The Government has announced that from 1 April 2012, Low Value Consignment Relief (LVCR) will no longer apply to goods sent to the UK from the Channel Islands.This reform will bring increased fairness...
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HM Treasury - Draft Tax Legislation Gives Greater Predictability and Clarity
Following Budget 2011, the Government has today published responses to a number of tax policy consultations, alongside draft clauses for legislation to be included in Finance Bill 2012.This fulfils the...
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Budget 2012 statement by the Chancellor of the Exchequer, the Rt Hon George...
The Rt Hon. Chancellor of the Exchequer George Osborne's budget speech to the House of Commons.Mr Deputy Speaker, this Budget rewards work. Britain is going to earn its way in the world.There is no...
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HM Treasury Announces New Tax Support for Gas in the North Sea
The Chancellor of the Exchequer has announced a new tax relief to support gas investment in the UK Continental Shelf.A £500m field allowance for large shallow-water gas fields will be established with...
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