Budget 2014 – 5 Oct. 2013

The government will publish its 2014 budget on 15 October 2013. This will be the third budget published by this government. The adjustments to government spending that is required has been widely commented upon in the press however we cannot be certain at this point in time about the scale of both fiscal and spending adjustments.

 

We will keep you posted on developments as they emerge. You should prepare for the following:

 

  1. Further tax raising measures will be introduced
  2. Anticipated tax changes will affect both individuals and companies
  3. Changes to the pensions post-budget
  4. Focus will be required by individuals and companies on tax planning potential for 2014 and beyond