Budget2012

Budget 2012: Business reaction

March 21, 2012
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Chancellor George Osborne opened his Budget by saying it would “unashamedly back business". But did he succeed? Here are the views of a range of business leaders and professionals. Paul Bennett, managing director of specialist printer Fascia Graphics, Chippenham: “The incorporation of National Insurance and Income Tax, relaxation of employment laws and the pledge...

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Budget 2012: At a glance – other announcements

March 21, 2012
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INCOME TAX 50p top rate of tax cut to 45p from April 2013 Personal income tax allowance raised to £9,205 from April 2013 New general anti-tax avoidance rule to be introduced Age-related allowances to be removed for new pensioners from April 2013 and replaced with a single personal allowance for all Allowances for those...

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Budget 2012: At a glance – business-related measures

March 21, 2012
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SUPPORT FOR BUSINESS Corporation tax cut to 24% from next month and to 22% by 2014 Consultation on simplifying the tax system for small firms with a turnover of up to £77,000 Support for £150m of tax increment financing to help councils promote development Additional £270m for the Growing Places fund Tax relief for...

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Budget 2012 Live: Bath business reaction

March 21, 2012
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Bonnie Dean, chief executive of the Bristol & Bath Science Park, said the increase in research and development allowances in the Budget sends out a broadly positive message to large and small firms engaged in research and development. “This is particularly important in a region which has some of the most advanced research-led companies...

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Budget 2012: Osborne announces cut in Corporation Tax

March 21, 2012
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Corporation Tax is to be cut by 2% to 24% next month, the Chancellor said in today's Budget. Further cuts will take it to 22% by 2014, said the Chancellor – calling it "an advertisement for investment and jobs in Britain."

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Budget 2012: Chancellor pledges to back business

March 21, 2012
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Chancellor George Osborne opened his Budget by saying it will 'unashamedly back business." The Budget will "reward work". Britain "is going to earn its way in the world", he said. Britain is "not immune" from developments in the eurozone, he said. He also said a million more jobs will be created over the next...

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Budget 2012: Live coverage and analysis on Bath Business News

March 21, 2012
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Bath Business News, the Bath area’s fastest-growing source of authoritative business news and information, will be delivering the full analysis of today’s Budget in the following ways: ·       Twitter. We will be tweeting the key points as they are announced by Chancellor George Osborne ·       Online. Our website will be updated throughout the Chancellor’s...

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