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Budget Report 2015

On Wednesday 18 March 2015 George Osborne delivered the final Budget speech of this Government. So what exactly did the Chancellor say and, more importantly, what did it actually mean?  

Budget announcements contain many fundamental taxation changes which will affect business and personal lives for the year to come. Written in plain English, we have broken the summary down into the main areas of taxation, including business and corporate, employment, personal and capital. We have also included comments on the more important changes, together with any planning points that may arise.

The summary provides an invaluable update for you and will help you get to grips with the changes. It will remain on our site for you to refer to as and when you need it but if you have any questions, don’t forget we are here to help you navigate and plan your way through the tax maze, so please do get in touch.

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

Read and download the full report.

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How can we help?

We are a proactive firm of accountants who can assist you in all your financial needs in a friendly, efficient and professional manner.

Building partnerships, listening to your needs, and implementing a solid financial strategy is the backbone of our practice. 

Why work with us?

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  • Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/sites/westwaters.co.uk/public_html/framework/lib/sddb.class.php on line 166 About Us
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