Mr Osborne wants to tell the whole world, particularly those bits with lots of money to invest, that the UK is “open for business”.
He plans to slash £350m of red tape and help make Britain the “best place in Europe to start, grow and finance a business”.
And he also plans to makes more savings by publishing a new strategy paper to on tax evasion and avoidance with the aim of reclaiming £1 billion this year (£14 billion is estimated to have been lost in 2008!)
Encouragement for Business Growth
Personal Tax Allowances
Corporation Tax
Tax Relief
Fuel
New ‘fuel stabiliser’ to be introduced:
And as ever, any changes that affect your bookkeeping and accounting will be automatically updated in Liquid Accounts at the appropriate time and will be ready and waiting for when you next login.
What do you think of the Budget? How will it affect your business? Is it good news or bad news? Leave us a comment below or tweet us on @liquidaccounts.