Northern Ireland / All

A light touch has been applied in the areas of Capital Gains Tax (CGT) and Inheritance Tax (IHT) with no changes of any significance including retention of previous levels of exemption etc.

There were few headline changes to personal taxation. However there are significant changes for prospective pensioners and savers.

The announcements regarding changes in respect of Employment Taxes consist of measures which have previously been announced, and which will be contained in the 2014 Finance Bill, coming into effect on 6th April 2014, or which will go out for consultation and be included in future legislation.

George Osborne effectively delivered his last full Budget prior to the General Election in 2015.

Investment in Northern Ireland information under the headings of: Corporation tax | UK Patent Box | Research & Development Tax Credits | Individual Taxation | Other taxes

Northern Ireland, as part of the UK tax regime, offers one of the lowest corporation tax rates on trading income in the European Union.

There have been several recent decisions on PPR, which may herald an increased focus by HMRC on this area.

The UK government have now passed the regulations necessary to create a UK Tax Transparent Fund (“TTF”). The regulations cover

The Government has announced that Finance Bill 2013 will be published on Thursday, 28 March 2013.