What will the Budget 2020 have in store for business owners?
We will be paying close attention to the Budget. Predictions include highest capital spending on infrastructure in decades – £600bn; a cut to SDLT to boost housing market; changes to business rates to help smaller businesses and the high street. Topical tax issues are the off-payroll /IR35 rules, Entrepreneurs’ Relief & further changes to Inheritance Tax. Changes to pensions tax relief are also expected. We will see at 12.30 today. A summary of the Budget will be available on our website tomorrow.
UK Budget 2026: Why Income Tax might be the Chancellor’s most viable revenue option in the effort to bolster Government finances
As the UK government prepares to unveil the Budget 2026 on 26 November, one question looms large: How will the Chancellor raise additional taxation to plug the hole in government finances but avoid a political backlash? Craig Simpson, Tax Partner here at Bates Weston,...
