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Budget 2009

 
The Tax Journal provides you with a selection from Ernst & Young's 2009 Budget Alert concentrating largely on measures affecting corporate taxpayers. Ernst & Young's comments are in bold at the end of a section
 
Against the backdrop of what he referred to as 'the most serious global turmoil for over 60 years' the Chancellor announced a series of measures designed to get people back into work and support businesses and homeowners facing problems. So where is he going to get his money from to pay for his proposals?
 
The suggestion from the OECD was that the money would be raised by increasing indirect taxes and stamp taxes. But that doesn't seem to be Mr Darling's favoured option. Although landfill tax is due to rise by 20% from...

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