The Chancellor of the Exchequer, George Osborne announced his eighth annual Budget to Parliament on Wednesday 16th March 2016.
The Budget is the government's annual financial statement and review of levels of taxation. It also includes the government's future financial strategy and economic forecast.
Small businesses are already facing major new responsibilities and pressures, including workplace pension schemes, the national living wage, dividend taxation changes and quarterly tax reporting. Thankfully today, Osborne did not impose too many changes for small businesses and if anything, this time there was more good news than bad.
To see an example of the great lengths our team at TaxAssist go to, to ensure that our franchisees have the information as it happens, then please click here. If you would like to find out more about becoming a TaxAssist Franchisee please contact me to discuss in more detail on 0800 0188 297 or on [email protected].
March 2016
