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March 2014

Budget summary and tax rates

Please see our Budget summary of the main changes that will quickly bring you up to speed and hopefully be a lighter read than the hundreds of pages of government and HMRC press releases.

Ruth has also recorded a short video above covering the main points.

We have prepared this summary to outline the issues that are most likely to be of interest to you. We have included informative comments to help you assess the likely effect that the proposed changes may have on you personally and their significance. 

The Budget announced or confirmed many of the figures fundamental to our business and personal lives and the main ones are summarised in the this tax card. We are sure that you will find it a useful point of reference throughout the coming tax year.

If you have a question concerning any of the issues covered in this summary, or would like advice on the best possible course of action in a particular area, please contact us on 02476 518 555 or 0121 711 2468.