Budget

Budget 2011: business support

Given that this was the much heralded post-cuts Budget, one with the ambition to set the economy on the road to recovery and growth, it came as no surprise that the Chancellor included a number of measures aimed at helping businesses.

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Budget 2011: personal taxes may see major change but not yet

The Budget contained no radical changes to personal taxes, but the Chancellor did flag up the Government's intention to look seriously at merging income tax and national insurance.

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Budget 2011: help for firms and motorists on fuel

As widely expected, the Chancellor opted to cancel the planned increase in fuel duty. He cited the impact of soaring oil prices on both firms and individuals.

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Budget 2011: business tax changes to boost enterprise

The Chancellor has introduced extra tax reliefs for innovative firms and entrepreneurs. These include research and development tax breaks and changes to the Enterprise Investment Scheme.

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Budget 2011: main rate of corporation tax to be cut

There was good news for larger firms in the Chancellor's second Budget as he announced a further cut in corporation tax. As part of the Government's strategy for growth, Mr Osborne said that the main rate of corporation tax will be reduced by 2 per cent as from April 2011.

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Possible fuel duty concession in the Budget

The Chancellor, George Osborne has hinted that he may be willing to review the imminent rise in fuel duty.

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Budget may include steps to boost private investment

The upcoming Budget may offer plans to deal with the shortfall in private investment for smaller enterprises.

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Dropping VAT relief would not harm smaller traders, says business group

Closing a relief which allows larger firms to move off-shore in order to pay no VAT on items valued at £18 or less would benefit rather than hit smaller businesses, it has been claimed.

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