I couldn’t wait to get up today. YES! It is budget day.
It’s not just a budget, it’s a pre-election budget! Our friend George is sure to throw in lots of politics into his speech and be setting some traps for Labour. But what I’m more interested in is the tax changes.
And there’s potentially some very big changes to tax returns as we know it.
So far we know, that George is looking at ending the personal tax return and increasing the personal allowance to £11,000 – the tax free amount we all get every year.
It starts at 12.30pm, so tune in, put your volume up and enjoy!
I’ll be blogging first thing tomorrow with a full summary.
If you any questions – feel free to email me direct at russell@rsaccountancy.co.uk
