The chancellor has announced a number of measures that should be welcomed by businesses and individuals. These include a higher personal allowance, a reduction in the top tax rate to 45p, and a reduction to corporation tax.
In addition, the income threshold for the loss of child benefit has been increased to £50000 and it will then be reduced on a sliding scale. Extra stamp duty on properties over £2 million will contribute to funding the ecomony. Keep visiting this page for links to a full budget report in the near future.
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