Tomorrow at 12pm our team will be going online to discuss what the Budget means for individuals, businesses and the wider UK economy.
Reminder: Our specialists will be providing further analysis of all of the Chancellor’s announcements and how they impact individuals, businesses and the wider UK economy on our insights page.
130% super deduction for businesses investing over the next two years has been announced today. This will provide much faster tax relief for those over the annual investment allowance (currently £1m) as well as an additional 30% tax relief for many others.
The Chancellor has confirmed that the VAT registration threshold will not change and will remain at £85,000 until 2024.