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Move over Darling

ALLISON PLAGER and RICHARD CURTIS review some of the more important aspects of the Pre-Budget Report


  • Transferable inheritance tax nil-rate band.
  • Changes to capital gains tax regime.
  • Income shifting to be addressed.
  • Various new anti-avoidance measures.
  • Holiday pay schemes to end.

Watching the PBR or Pre-Budget Report on television on Tuesday afternoon it was tempting to wonder how much Gordon Brown would have loved to have said 'move over Darling' and to have resumed his Chancellorship role. No doubt many will have seen the hand of Mr Brown in the Report especially as several of the measures had been flagged up by him well in advance. Certainly The Daily Express felt that it was Mr Brown they had 'forced to cut death tax'. Others will have thought instead that when all was said and done it was actually easier to see the hand...

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