Budget 2016 Articles

Chancellor urged to write a small business friendly budget

Two organisations representing the interests of small business owners and self-employed workers have urged the Chancellor to deliver a budget that backs enterprise on Wednesday.

George Osborne, they argue, has to recognise the impact that small businesses have on the economy in terms of driving growth and creating jobs.

At a time when tax and pension changes are making things difficult for business owners, it is crucial that the Budget statement sends a strong signal to small businesses.

The Federation of Small Businesses (FSB) used its pre-budget statement to urge the Chancellor to reform business rates and simplify the tax system. 

Beware last minute tax changes from March budget
marketing | 4 December 2015
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With the ink barely dry on the Autumn Statement, chancellor George Osborne has announced that his 2016 Budget will take place in less than four months’ time on the 16th of March.

Importantly, this date is just before the new April tax year, which opens up the possibility that the Chancellor could enact some last minute tax changes that could be disadvantageous to contractors. 

Brexit and Budget 2016: how motorists may be affected
marketing | 8 March 2016
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With Mr Osborne set to deliver his 2016 Budget in less than a fortnight’s time and with debate roaring over Brexit, what are the possible implications for contractors and other business drivers?

In February, the BVRLA – the trade body for the car leasing industry – claimed that since 2010 the government’s company car taxation policies have exposed road users and indeed society as a whole to dirtier, more dangerous vehicles. Gerry Keaney, the BVRLA’s Chief Executive, labelled Mr Osborne’s “series of tax increases as both unfair and unsignposted”, pointing to 30,000 fewer employees who have chosen company car packages over the last five years.