Long after the headlines are forgotten, the summer Budget will be remembered for widespread changes to the principles that underlie UK taxation. But as we’ve come to expect from Budgets since the recession, for every tax break there is bound to be a tax rise elsewhere to compensate.
Has George Obsorne pledged enough to the five million SMEs across the country? Will business owners be reeling or celebrating following the announcement? Bobby Lane, business advisor and partner at accountancy firm Shelley Stock Hutter (SSH), gives his view.
In what the BBC referred to as a “landmark Budget”, George Osborne made a number of potentially very significant announcements in the summer Budget. We outline some of the most immediately relevant, giving as much detail as possible for now.
With chancellor George Osborne at the speaker’s box for around 75 minutes, Real Business has condensed his near 10,000-word speech into 500 words for your reading convenience.
British business leaders were under the impression that the Annual Investment Allowance (AIA) would sit at just £25,000 in 2016, but George Osborne revealed during the Summer Budget 2015 it will actually be boosted to a permanent level of £200,000.
Mark Tighe, managing director of capital allowances specialists Catax Solutions, discusses what the Conservatives can do to ensure small business owners receive the tax relief each are owed.
New research compiled by ICAEW has found that businesses in the UK are increasingly “sitting on cash surpluses” and waiting for confidence to pick up before spending again.
For those of you who don't have the time to pore through story after story looking for what's important, we're providing a quick and succinct summary of chancellor George Osborne's final Budget speech before the general election.
In a week that has seen a wide range of business organisations come out in favour of keeping the Annual Investment Allowance (AIA) at £500,000, chancellor George Osborne has kept his cards close to his chest but indicated it will not fall to a previous low.
With the Annual Investment Allowance scheduled to be dropped from £500,000 to £25,000 on the first day of 2016, companies in the UK are being encouraged to place orders for capital equipment now.
The British Chambers of Commerce has urged the chancellor to introduce a permanent annual investment allowance of £500,000 in the coming Budget to boost business spending and keep the economic recovery on track.
UK productivity levels are 17 per cent lower than the G7 average. Here are the recommendations put forward by an all-party parliamentary group on how to boost UK productivity.