24th March 2014

2014 Budget – What it Means for You

The latest budget has just been announced by Chancellor George Osborne. It appears that austerity measures will continue until 2018/2019, when the budget deficit is expected to have been reduced to zero, as it is believed that faster growth alone will not balance the books. Here are the highlights of the budget from a small business perspective: – The higher tax rate has been increased very slightly from £41,450 to £41,860. – ISA limits have been increased to £15,000 – […]
12th February 2014

2014 Budget ‘will help small businesses,’ pledges Chancellor

George Osborne has stated that the forthcoming Budget on March 19th will address the issues faced by small businesses. One of these measures is the introduction of the new Employment Allowance, which will give every UK business and charity up to £2,000 off their employer NI bill. This comes into effect from April 2014. To read more of this post click here