support working people with a £11,500 personal allowance and a £45,000 higher rate threshold.accelerate education reforms and improve children’s health with a soft drinks industry levy.boost enterprise with a reduction in Capital Gains Tax and tax for the self-employed.back business with a major overhaul of corporation tax reliefs, a lower corporation tax rate and a big reduction in small business rates.make additional savings equivalent to 0.5% of total government spending, to ensure the nation lives within its means. In this Budget, the government will take action to: So this Budget sets out long-term solutions to long-term problems and invests in the education, builds the infrastructure and supports the savings of the next generation. The UK is forecast to grow faster than any other G7 economy this year, with employment at record highs, but with productivity growth weaker than forecast. It reduces the deficit, achieves a surplus and makes the reforms needed so Britain is fit for the future. It takes the next bold steps in the government’s long-term economic plan. In uncertain times and against a deteriorating global economic outlook, this Budget delivers security for working people. This is a Budget that puts the next generation first.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |