A new government, a new budget. So what can we realistically expect from the new budget which is set to be announced by George Osbourne on Wednesday 8th July? And how will this affect you, your taxes and your corporation tax planning? In what some believe is an already over-taxed population, what do we have in store for the next year? There have been a few indicators of the way that the budget is heading from the Queen’s speech in May and the Conservative election manifesto.