Here’s my round-up of The Budget for small businesses:
Whilst fuel duty is not increasing and inflation reducing will help us, as well as everyone else, there is nothing specific for self-employed businesses unless you’re a Limited Company,
For Limited Companies, corporation tax is increasing with reliefs in place if you earn less than £50K in profit, then tapered up to £200K, so speak to your accountant. (and your financial advisor to increase your pension contributions.)
As always, please run your business better than the Government runs the country.
They want us to be more productive, and I’m happy to help you make more money without necessarily working more hours and enjoy doing it.
I’m Jenny Bracelin, providing heartfelt, practical and experienced business coaching, to individual business owners to achieve the results they want. Book at free 30-minute discover call at https://jennybracelin.co.uk/.
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