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BUDGET 2016: what you need to know



 

Once again, Chancellor George Osborne has whipped out his flashy red briefcase. Here’s the key things you need to know.

 Boost To Small Businesses

 From next April, if your business occupies an office or workshop with a rateable value of £12,000 or less, you’ll no longer pay business rates

Infographic_BobEmailer _March-14-13

 

 

 

 

Drive on

 Fuel duty has been frozen for the sixth year running. This’ll help keep the cost of petrol and diesel down – welcome news if you’re clocking up miles in your van

Infographic_BobEmailer _March-14-14

 

 

 

 

More £ in Your Pocket

The personal allowance – the money you earn before paying tax – will rise to £11,500 by next year, while the 40p tax threshold is moving to £45,000. Basically, this means more cash in your pocket at the end of the month 

Infographic_BobEmailer _March-14-12

 

 

 

 

Mine’s a pint

If you’re partial to a pint at your local at the end of a long day on site, you’ll be pleased to see that duty on beer, cider and spirits is being frozen

Infographic_BobEmailer _March-14-15