Hmm, so relevant headlines seem to be:
- New threshold for small business rates, from £6000 - £15,000.
- Corporation Tax set to reduce from the current 20% to 17% by 2020.
- Fuel Duty frozen again
- Booze duties frozen (ok not business related, but obviously important
)
- Tax free allowance goes up to £11,500
- 0.5% rise in insurance premium tax
- Isa limits rise from £15k to £20k
- Commercial stamp duty - 0% upto £150k, 2% on next £100k, with top rate of 5% above £250k.
Would have been nice to see a bigger cut of corp tax in light of the recent dividend changes, but suppose at least it hasn't gone up!
Any thoughts?