Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

A year of confusion

17 August 2010 / John Jeffrey-cook
Issue: 4268 / Categories: Comment & Analysis , Budget 2010 , Finance Act 2010
JOHN JEFFREY-COOK CTA (Fellow), FCA, FCIS, ATT follows the flurry of Finance Bills

KEY POINTS

  • Two Budgets and three Finance Bills in 2010.
  • Debates scanty but detailed in tables.
  • Sections linked to Budget Notes.
  • Many provisions delayed to third Finance Bill.

When Julius Caesar crossed the Rubicon the official Roman date was 10 January but it was actually mid-autumn.

The calendar had drifted because the Pontifex was supposed to insert an extra 22 or 23 days between February and March every two or three years but he would lengthen a year when his allies were in office and not when his opponents were in power.

Caesar reformed the calendar in 46 BC with the help of Sosigenes of Alexandria and the pre-Julian years became known as the ‘years of confusion’.

We have our own year of confusion in 2010 with two Budgets and three Finance...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon