The Budget 2015

Monday, March 9, 2015

George Osborne presented the final Budget of this Parliament on Wednesday 18 March 2015.

In his speech the Chancellor reported 'on a Britain that is growing, creating jobs and paying its way'.

Towards the end of 2014 the government issued many proposed clauses of Finance Bill 2015 together with updates on consultations. Due to the dissolution of Parliament on 30 March some measures will be legislated for in the week commencing 23 March, whilst others will be enacted by a Finance Bill in the next Parliament (depending on the result of the General Election).

The Budget proposes further measures, some of which may only come to fruition if the Conservative Party is in power in the next Parliament.

Main Budget tax proposals

  • Increased personal allowances
  • The introduction of a new Personal Savings Allowance
  • Changes to ISAs including the introduction of a new type of ISA for First Time Buyers
  • Changes to pensions
  • Potential business rate reform in England
  • Entrepreneur's Relief - changes to qualifying conditions

DPC Group have written a summary, which focuses on the issues likely to affect you, your family and your business. To help you decipher what was announced DPC have included their own comments.

DPC Group, based in Stoke-On-Trent, are dedicated in providing the highest quality business advice and service to their clients and draws on the expertise of various different professionals from various different fields to provide bespoke business and tax solutions.

To read DPC’s summary of the Budget 2015, click here.

Working from offices in Stoke-on-Trent, Cream Personnel Services is a name that is synonymous with recruitment in North Staffordshire and South Cheshire. Established in 1973 we have become the first choice Recruitment Agency for job seekers and employers throughout the region.

To contact the Cream Team about recruitment send an e-mail to: stoke@creampersonnel.co.uk  or call: 01782 262731.

Article Source: 
http://www.dpcaccountants.com/news/budget-report