INTRODUCTION
Bill Dodwell, Head of Tax Policy as Deloitte, comments on the
Budget
Is Budget 2013 a social media story? Chancellor George Osborne
arrived on Twitter with his first tweet and photograph at 8.08am on
Budget Day. His second tweet explained that he wouldn't be
tweeting during the speech itself, which no doubt was a good plan.
Tweets about the UK Budget averaged 6,000 per hour on Budget Day
– but hit 60,000 during the hour Mr Osborne spoke.
Deloitte's analysis of the words and phrases used in the
speech revealed four key themes including two tax topics:
corporation tax and National Insurance; housing and active monetary
policy.
Corporate Tax road ‑ map
Corporation tax is about completion of the Coalition
Government's Corporate Tax road‑map. The main rate of
corporation tax will be cut to 20% from 1 April 2015; this,
together with the 21% rate from 2014, will be included in Finance
Bill 2013 and enacted by the end of July. There's an
