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Budget news round up

After all the speculation regarding the eagerly awaited budget we now understand the facts as they affect freelancers.

Here we provide a round up of the news coverage since the budget details were published.

Companies hit with 19% tax on distributed profits
Accounting Web comment on the detail of the new tax implementation with many interesting comments from members.

Chancellor to close tax loophole
The BBC report the budgets news and the "least offensive option".

Tax-free dividends to end
Thisismoney(Daily Mail) predict new tax will raise in excess of £1bn a year.

Published: Thursday, 18 March 2004

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