Specialist Tax News

Yet Another Finance Act!

The third Finance Bill of 2010 was published on 30 September and is set to become the Finance (No. 3) Act 2010 – something which has rarely if ever happened before. But no need to fret as it only covers issues which for one reason or another did not get into either of the previous two Bills!

Perhaps the only point worth bringing to your attention is that, as already known would happen, the legislation allows for a 100% tax write-off on purchasing a business van with zero-emissions and that has been backdated to 1 April 2010.

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