Why is the Foreign Aid budget sacrosanct? Charity begins at home. If we need more money domestically, as we surely seem to, why don’t we slash the Foreign Aid budget? Several billion freed up for defence, cyber defence and offence, and the police budget, with some left over for the NHS – before we need to look at raising more funds elsewhere.
On other fronts, the increase in the qualifying period for business owners to qualify for Entrepreneur’s Relief on sale has increased from one year to two years. This will make it even more important to plan ahead to secure this important relief.
I shall be looking in more detail at the Budget proposals over the next few days and looking to identify those issues which are particularly relevant for my clients.
The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.