UK BUDGET 2014
The Chancellor of the Exchequer said " this is a Budget for Makers, Doers and Savers.

For Makers
<ul>
	<li>The UK export finance is doubling its lending to 3 million and cutting lending rates to make it more enticing to get finance to trade abroad.</li>
	<li>Energy costs are being reduced so that it’s cheaper for UK manufacturers to produce goods.</li>
	<li>VAT Registration threshold is increased to £81,000</li>
	<li>Annual Investment Allowance (AIA) is increased to £500,000. Businesses can invest in Plant and Machinery up to this amount and get 100% tax relief .</li>
	<li>All employers will be able to reduce their National Insurance bill by £2,000.</li>
</ul>
For Doers:
<table width="326" border="0" cellspacing="0" cellpadding="0"><colgroup> <col width="230" /> <col width="96" /></colgroup>
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<td width="230" height="17">PERSONAL   TAX</td>
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<td height="17">Income Tax</td>
<td></td>
</tr>
<tr>
<td height="17">Up to £31,865</td>
<td>20%</td>
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<tr>
<td height="17">£31866 to £ 150,000</td>
<td>40%</td>
</tr>
<tr>
<td height="17">Over £ 150,000</td>
<td>45%</td>
</tr>
<tr>
<td height="17"></td>
<td></td>
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<td height="17">Dividends</td>
<td></td>
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<td height="17">Savings &amp; Basic Rate   Taxpayers</td>
<td>10%</td>
</tr>
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<td height="17">Higher Rate Taxpayers</td>
<td>32.50%</td>
</tr>
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<td height="17">Additional Rate Taxpayers</td>
<td>37.50%</td>
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<tr>
<td height="17"></td>
<td></td>
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<td height="17">PERSONAL ALLOWANCE</td>
<td></td>
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<td height="17">Basic Personal Allowance</td>
<td>£10,000</td>
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<td></td>
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For Savers
<ul>
	<li>ISAs (Individual Savings Accoints) become more flexable and the allowance is increased to £15,000.</li>
	<li>Tax restrictions on Pensioners accessing their pension pots are removed</li>
</ul>
You can find all the numbers here summarised on 2 pages:

[jbutton icon="download" size="xlarge"]Download[/jbutton]

<a href="http://numbersbalanced.com/wp-content/uploads/2014/03/Budget2014.pdf">Budget2014</a>

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