Autumn Budget 2017 – Key Points for small business owners

Autumn Budget 2017 Key points for small businesses

On Wednesday 22 November, Philip Hammond delivered the UK’s first Autumn Budget for 21 years.

Constrained by high borrowings, falling growth forecasts, poor productivity, the uncertainty of Brexit and a very slim Government majority the Chancellor wasn’t in a position to announce too many radical changes.

They might not grab the headlines but there are changes small businesses need to be aware. Here, we’ve worked with HFM Tax to bring you a summary of the key points from the Autumn Budget 2017 likely to directly affect small business owners; (more…)

Budget 2016 – Key points for small businesses

At 1.30pm on Wednesday 16 March, 2016, George Osborne delivered his eighth Budget as Chancellor of the Exchequer.

The overall headlines include the introduction of a sugar tax on soft drinks from 2017, extra funding for schools to have longer days and a downward revision of growth forecasts for the UK, but what did Budget 2016 bring for small businesses?

Here are the main points that affect business owners, both self-employed and limited company directors; (more…)