2010 Budget Report, courtesy of Riz Akhtar of RA Accountants..
At this time of the year, my commentary normally starts with a paragraph titled “Winners” and “Losers” but this time I will title it “Losers” and “Big Losers”.
Considering the indebted nation the UK has become, it was disappointing to see the Chancellor claiming a victory of securing pennies to fill pot holes and no credible plan to fill the country’s financial black hole.
Well, I will still keep the tradition going, being British, however to a somewhat minimum and leave the rest for you to read between the lines.
This report focuses on some of the tax changes we can now expect. We will also have further changes to deal with after the election.
No stamp duty for first time buyers up to property value £250,000.
Low income families with children aged one or two are to get a £4 a week rise in child tax credit from 2012.
Small & Medium Sized Businesses
If you feel that these changes will affect you and your business or would like any clarification on any of the points then please do not hesitate to call Riz Akhtar on 020 8429 7474
Member since: 10th July 2012
I launched The Best of Richmond in 2005 and am passionate about supporting all things local. In particular, we work hard to showcase the best local businesses who give the borough its character and make...