The 2015 Budget; Small and Mid-sized Businesses

The 2015 Budget: What it Means for Small and Mid-sized Businesses

The 2015 Budget: What it Means for Small and Mid-sized Businesses

Chancellor George Osborne delivered the 2015 Budget today with promises of continued economic, business and employment growth. Overall the chancellor emphasised that Britain is on a strong road of recovery, declaring that it is “growing, creating jobs and paying its way. Britain is walking tall again.” Prior to announcing the measures of this year’s Budget, the chancellor’s speech began on the news that the British economy grew faster than any other developed economy at 2.6% in 2014; that the GDP forecast for next year is now 2.3% and that the national debt is now £3bn less. Here we take a look at what the latest Budget announcements mean for small and medium firms… National insurance amendments One of the key measurements for business owners was the chancellor’s announcement t... »