I missed most of yesterday's Budget because I was driving back across Exmoor from seeing a prospective client, and preferred to listen to something else instead on the journey!
There weren't many surprises, although the cut in beer duty was welcome. Obviously it would be more welcome if I thought that most pubs would pass it on to their customers!
For small businesses, we thought the key points were the Employer's National Insurance grace amount of £2,000 coming in from 2014 and uplift of the VAT registration threshold to £79,000.
For the man on the street, it was scrapping the fuel and beet duty increases that probably brought the most joy!
For those of you who are interested in the detail and how it might affect you, our Budget Report is now available for download.
If there are any points you want to discuss, then please get in touch with us here at Accountancy Edge..
ICAEW Chartered Accountants based in Bideford, North Devon. Working together with business owners to improve their business and their world.
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