<strong>UK BUDGET 2016</strong>
Chancellor George Osborne presented his 2016 Budget to Parliament on 16<sup>th</sup> March 2016.

He opened his speech

Key points affecting small and medium-sized firms include:

<strong>- The minimum wage will be raised to £6.70 </strong>.

<strong>- Corporation tax</strong> is now 20%

<strong>- Beer,</strong> cider and wine duties frozen.

<strong>- Personal tax-free allowance</strong> is now £ 11,000: will raise to £11,500 next year.

- <strong>VAT Registration</strong> threshold increased to £ 82,000.

You can find all the numbers here summarised on 2 pages:

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

<a href="http://www.numbersbalanced.com/wp-content/uploads/2015/03/Budget2015.pdf">Budget2015</a>

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