Budget 2011 – Annual tax rates and allowances

Budget 2011 - Grant Thornton


George Osborne’s budget was touted as many things including "a Budget for making things, not making things up" and a "budget for growth".

Of all the positives he aimed for, there were a number of economic ambitions in particular including:

  • A simplified and one of the most competitive tax systems amongst the G20 nations
  • For Britain to be the "best place in Europe to start, finance and grow a business"

So what are the figures? Read on…

NOTE: The figures contained in this article are subject to amendment as the Finance Bills pass through Parliament. This article is a guide only and advice should be taken before acting on its contents.

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