Budget 2016 pdf file

The chancellor of the exchequer delivered his budget to parliament. Budget 2016 announces that, from 6 april 2016, the higher rate of capital gains tax cgt will be reduced from 28% to 20 %, and the basic rate will be reduced from 18% to 10 %. Hc 901 return to an order of the house of commons dated 16 march 2016 copy of the budget report march 2016 as laid before the house of commons by the chancellor of the exchequer when opening the budget. Government, fiscal year 2016 provides data on budget receipts. In uncertain times and against a deteriorating global economic outlook, this budget delivers security for. Information is also provided on the distribution of income earners for income tax purposes on a 2016 and a postbudget 2017 basis.

Further information concerning this circular can be obtained from the office of federal financial management 202 3953993 or the office of performance and personnel management, 202 3955670 office of management and budget, washington, dc 20503. Capital gains tax cgt entrepreneur relief a revised capital gains tax relief for entrepreneurs is being introduced from 1 january 2016 which will apply a reduced capital gains tax rate of 20% to the disposal in whole or in part of a business up to an overall limit of 1 million in chargeable gains. Statement of federal financial accounting standards. The download now link will prompt a local download of the firefox extension. Budget and legislative analyst board of supervisors. This is a budget that puts the next generation first. This is the budget in full and supporting documents. The chancellor of the exchequer delivered his budget to parliament on 16 march 2016. To install the extension directly, open the file using your firefox browser.