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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (77037)3/6/2000 11:12:00 AM
From: Don Lloyd  Respond to of 132070
 
Les -

[[...Yet Treasury officials predict a number of budget measures to help small firms. To help serial entrepreneurs, capital gains tax (CGT) on business assets will be reduced to 10% after four years, compared with 10 now. Brown intends to expand the Enterprise Management Incentives scheme outlined in the pre-budget report. Up to 10 key workers would be allowed tax-free share options worth up to œ100,000 at the time they were granted. Under revised plans the number of key workers who can benefit from the scheme will be increased to more than 10....]]

'Scheme' is right. The ink on the paychecks of government bureaucrats would seem to cause genetic brain damage, assuming such a target exists.

Regards, Don