Following the Budget at lunchtime today, we have produced a free 10-page Budget Briefing Note to summarise the key personal financial planning measures and opportunities.
Despite the press having been well briefed over the past week, the Budget did contain a couple of surprises.
The age-related personal allowance is being removed for pensioners and the top rate of income tax is being reduced from 50p to 45p next April.
It was introduced as a Budget that would reward work and repair debts. According to Osborne, “Britain needs to earn its way in the world”.
As with every Budget, the devil is often in the detail. As more details and planing opportunities come to light, we will add blogs to the website to cover any specific planning topics.
We hope that you find our Budget Briefing Note useful and we are happy to answer any questions you might have.
Do get in touch if you have any questions or if you would like to arrange an initial meeting, at our expense and with no obligation.
Photo credit: Flickr/The Prime Minister’s Office