Budget 2015 analysis: direct profits tax, IHT, pensions, aggresssive tax promoters

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With a Budget light on concrete measures, the Chancellor finalised the direct profits tax, aka Google tax, announced a serious clampdown on aggressive tax scheme promoters and a review of the use of deeds of variation to avoid IHT, while there were some new business reliefs for the hard-pressed oil and gas sectors, R&D tax credits and tax reporting extension for farmers 

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