Pre-Budget Report 2008 - ACCA UK's guide to the key issues. Welcome to ACCA UK's summary of those points in the Chancellor's 2008 Pre-Budget Report most likely to impact on members in the corporate sector and public practice. In addition, we have included details of a number of recent announcements from HMRC. Scroll through the items below or view the list 'at a glance' on the right. There are no restrictions on using this content; you are welcome to share it with colleagues and clients. ACCA says PBR - an introduction The PBR is quite rightly being aimed at giving businesses a much-needed boost at a difficult time, says Wyn Mears - director, ACCA UK MORE >>>   Cuts now, hikes later... Sensible measures for SMEs; tax hikes in the future MORE >>>   Launch of inquiry into public procurement for SMEs The All Parliamentary Party Small Business Group and ACCA have launched an inquiry into SMEs participation in public procurement. MORE >>>   Fifteen minutes of fame for VAT ACCA invites expert views on the Pre-Budget Report. In this edition, Paddy Behan, discusses the complex issues brought about by the change in the standard rate of VAT. MORE >>>   key issues - an overview Changes to income tax rates, allowances and limits An overview of the changes to income tax rates, allowances and limits over the next three years MORE >>>   Extension of trading loss carry back for business A look at the extension of trading loss from carrying on trades, professions or vocations MORE >>>   VAT An overview of the new rate of VAT MORE >>>   Flat rate scheme– a matter to consider A look at the new percentage rates and simplifications to the flat rate scheme MORE >>>   Changes to National Insurance contributions A look at the Chancellor’s plan to align NI thresholds more closely with Income Tax bands MORE >>>   Small business support An overview of the support available for small businesses MORE >>>   Simplification of anti-avoidance rules HMRC will be simplifying the anti-avoidance rules MORE >>>   Corporation tax - loan relationships and connected companies An overview of the changes to the rules regarding loan relationships and connected companies MORE >>>   Modernising tax relief for business expenditure on cars A look at the tax relief measure for business expenditure cars including an overview of the new emissions based rules MORE >>>   Pensions Changes to the lifetime allowance and annual allowance MORE >>>   Taxation of foreign exchange movements on change of accounting practice At look at the tax on exchange gains and losses MORE >>>   changes at a glance Tax rates and allowances 2009 A detailed breakdown of changes to tax rates and allowances. MORE >>>   60 second update Income shifting Tackling income shifting will remain on the agenda MORE >>>   Individual savings accounts (ISAs) An update on the eligible organisations held in an ISA MORE >>>   Land remediation relief A summary of Land Remediation Relief including specific inclusions MORE >>>   New charter for HMRC and its customers A look at the outcome of HMRC’s consultation MORE >>>   The protection of deposits A look at the protection for deposits in offshore bank accounts and with foreign banks operating within the UK MORE >>>   Savings gateway Introducing the Savings Gateway scheme, to be launched in 2010 MORE >>>   Vehicle excise duty (VED) An update on the VED rates MORE >>>   Business payment support service A look at HMRC’s new business payment support service and the changes in interest rates. MORE >>>   Air passenger duty (APD) Changes to the APD including the categorisation of destinations into four geographical bands. MORE >>>   Tax credits An update on the changes to tax credits MORE >>>   Corporation tax rates An update on the changes to Corporation Tax Rates MORE >>>   Contact us» ACCA Homepage - Terms and conditions Published by ACCA UK Technical Advisory Service

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