Spring Budget 2020: Business

Entrepreneurs' relief Entrepreneurs' relief lives for another tax year after being under threat prior to the Spring Budget, but a key change will come in for 2020/21. The rules allow business owners of two years or more to pay capital gains tax at 10%, instead of 20%....

Spring Budget 2020: Reactions

Support announced for businesses affected by COVID-19 Jonathan Geldart, director-general of the Institute of Directors, said: "This was a box-office Budget. Given the circumstances, the Chancellor had to be bold, and he came through for business today. "With the...

Spring Budget 2020: Expectations

Chancellor Rishi Sunak will deliver his Spring Budget speech this afternoon, just 27 days after succeeding Sajid Javid.  It’s been a whirlwind month for the new Chancellor, who rewrote Javid’s speech before coronavirus forced another urgent rethink.  Whether...

FSB calls for tweaks to entrepreneurs’ relief

Entrepreneurs' relief should be pruned back in next week's Spring Budget, the Federation of Small Businesses (FSB) has claimed. The Conservative manifesto pledged to "review and reform entrepreneurs' relief" prior to the general election last December. But Chancellor...

SMEs reveal Spring Budget wishlist

Small businesses want lower business rates and a delay to the off-payroll rules extending to the private sector in next month's Spring Budget. A report from the Federation of Small Businesses (FSB) claimed new chancellor Rishi Sunak has a chance to "illustrate his...