Bill Dodwell, head of tax policy at Deloitte, considers what tax
measures the Chancellor is expected to focus upon in the Budget on
18th March.
Bill Dodwell comments: "Chancellor George Osborne delivers
the final Budget of this parliament on 18 March. What can we expect
next week? There will be very limited ability to legislate for
anything announced in the Budget, since the final Finance Bill will
be subject to the 'wash-up' procedure, which requires the
positive cooperation of the Opposition as the Bill will be debated
and passed in a single session. A very full Finance Bill is already
planned with many new measures taking effect from April 2015,
including the new Diverted Profits Tax levy on some
multinationals.
