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The chancellor George Osborne has made his budget report. Highlights include changes to the Entrepreneurs' Relief rules for limited company investment in partnerships, associated disposals and joint venture holdings and a restriction on CGT relief on wasting assets. Do read on to the end.

Certain clauses in respect of measures previously announced have been left out of the Finance Bill, see Bye bye Trivial Benefits.

Income Tax

National Insurance

Pensions

ISAs

From April 2015

From Autumn 2015

Child Trust Funds

Employment taxes

Capital Gains Tax

Entrepreneurs’ Relief

Capital Gains Tax: wasting assets

EIS, SEIS and VCTs

The rules are to be amended at a later stage to enusre that:

SEIS

Corporation Tax: creative industries reliefs

Film Tax relief (FTR)

High-end TV Tax relief

Corporation Tax: contrived loss arrangements

VAT

Capital Allowances

IHT

Anti-abuse

Disclosure Opportunities

Banking

Reform of business rates

Charities

North Sea Oil

Duties

Health

Broadband

'Digital by default' has been a government aspiration since the last government. The civil service realised there was a thingy called the internet because GCHQ was very concerned about data security. Then some people realised it might save postage costs. It was not until MPs discovered that some of their constituents were asking them for something called 'emai' that the House of Commons woke up to the digital age. The fact remains that a large number of parliamentarians still do not quite grasp the concept of 'digital', and as a result there is very little interest by them in creating a robust broadband infrastructure in the UK. 

And for the rural 'not-spots'?

Join the Facebook page 100% Superfast Broadband for the UK, if you would like to see investment in this technology.