Welcome to a short POSITIVE round up of the main Budget of the year, from a Self-Employed perspective.
The short answer is there is not a lot of change that is going to happen today, in terms of business.
The very exciting news, is the Chancellor talked about innovation and technology and how he wants to support the businesses of this country. Which is always good to hear.
He was aiming at high growth, as he is trying to improve the productivity of UK, which is a bit flat-lining at the moment.
If you’re planning to grow your business, now is a fantastic time to do it.
A couple of technicalities! If you pay business rates or capital gains, then it is worth checking out the small print next week, when the journalists and accountants have had a chance to go through it.
For the rest of us, if you have a van your fine. If you have a diesel car, then they are increasing the duty slightly. Fuel duty overall is staying the same.
So it is quite an exciting time for the future.
There is nothing detrimental in the budget for the self-employed, which is really great news.
To increase productivity, I am going to sign up for fibre-optic broadband, which is now available in my local area.
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All the best, Jenny