(For those of you don't know, the Budget - always at the beginning of a new finanicial year - is when the government announces it's tax plans for the next year and discusses the performance of the economy).
Full details are available here from the Guardian.
Please ask below about anything for which you would like some more explanation.
can you explain please:
ReplyDelete- Tax information agreements with Dominica, Grenade, Belize
These are countries with extremely low tax rates so the idea is that the UK government can check if anybody is illegally diverting their money to these countries instead of paying what should here.
ReplyDeleteAlso, criminals often use these countries for "money laundering".