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Taxpayers craved certainty from the UK budget today and that is broadly what they got. George Osborne, the chancellor of the exchequer, even resisted the temptation to increase the bank levy, a regular measure in recent budgets, though the charge itself is set for a redesign.

In a boost for manufacturers, George Osborne, UK chancellor of the exchequer, announced in today’s Budget that the carbon price support rate (the minimum price a company must pay for each tonne of carbon dioxide emitted) will be capped at £18 ($30).

An aide to Mike Enzi, a member of the US Senate Finance and Budget Committees, has rejoined EY as an executive director in its international tax services practice in Washington, DC.

Six practitioners at BMR Advisors have become partners / executive directors of the firm.

David Bradbury, former assistant treasurer of Australia, has been appointed head of the tax policy and statistics division at the OECD.

Frank Schoeneborn, head of global operational transfer pricing in the finance and accounting division at Merck Group with headquarters in Germany, looks at the practical problems in the implementation of operational transfer prices, illustrating the new tax risks stemming from these problems and showing how holistic management can be the solution.

The European Commission has been busy reforming the EU’s VAT system and trying to introduce a financial transaction tax (FTT). In an exclusive interview with Salman Shaheen, Algirdas Semeta, European Commissioner for Taxation, Customs Union, Audit and Anti-Fraud discusses the latest progress.

The G20 / OECD project on BEPS is likely to preoccupy tax executives over the next two years, even in jurisdictions that do not belong to either group.

Daniel Nelson has joined Morgan Lewis as a tax partner in its Boston office.

Next week’s UK Budget could bring good news for energy companies after the energy minister this week hinted at incoming tax relief measures, though it is unclear if intensive lobbying against the bank levy is going to pay off.