Follow today's Budget LIVE on Real Business
The big day has arrived: the 2010 Budget report will be delivered today at 12.30pm by the chancellor, Alistair Darling. With a general election around the corner, today’s Budget is likely to count for a lot in voters’ minds. We’ll be looking at what it means for entrepreneurs across Britain live from 12.15pm.
Darling has promised to deliver a “sensible, workmanlike” package of financial measures later today, so let’s hope it doesn’t stink of electioneering.
In terms of what your business can expect, read about what business measures Andrew Hubbard, the president of the Chartered Institute of Taxation, thinks are likely to appear in today's Budget here.
Pundits also expect other key announcements:
- a new drive to stop tax evasion
- scrapping stamp duty on house sales of up to £250,000
- free basic bank account for anyone who needs one
- inheritance tax threshold frozen at £325,000
- five per cent rise in tax on wines and spirits
- a green fund of £1bn to invest in nuclear power stations and wind farms
- a halt in the planned 3p rise in petrol duty
But let’s not spoil the surprise. We’ll be covering today’s Budget live on our website, drawing out Darling’s key announcements, and commenting on what they mean for Britain’s entrepreneurs.
Follow us here from 12.15pm today.
Until then, we’d love to hear your thoughts. What are your hopes, fears and suggestions? Leave your comments below to let us know.
