Government Announcements

The government has yet to make a decision on the exact nature of proposed increases in capital gains tax.

The directors of the UK’s largest companies will have to be re-elected on an annual basis as part of a revised code of corporate governance.

The business community has offered the Queen’s Speech a welcome.

The government used the Queen’s Speech to flag up measures aimed at reforming the tax system for both businesses and individuals in order to make it “fairer and simpler”.

An extension of the right of employees to request flexible working and a faster than planned raising of the state retirement age both formed part of the new coalition government’s first Queen’s Speech.

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