The best tweets from the budget


Today marked Philip Hammond’s pre-Brexit ‘upbeat budget’, and the man himself appeared to be in fine spirits, slipping a few zingers into his announcements:

 

 

Below are some of the best tweets from the budget that summarise the key takeaways for small business.

A little look at the recent movements of the pound, which plunged to a seven week low against the dollar ahead of the budget:

 

 

Good news for UK growth predictions, as Brexit’s doom and gloom is yet to materialise – although of course exit negotiations haven’t begun yet:

 

 

More strong economic news…

 

 

A reduction in corporation tax, aimed at encouraging inward investment. ‘Britain is open for business’:

 

 

Quarterly VAT reporting delayed for a year:

 

 

Is this good news for business owners? Only time will tell, but many will be welcoming a review:

 

 

Pubs will be celebrating…

 

 

But digital businesses should expect developments over the coming months:

 

 

A cap on increases for those who are transitioning out of small business rates relief:

 

 

And some extra discretionary support for ‘hard cases’:

 

 

The Government pledges to go in hard on corporate tax dodgers:

 

 

And aims to raise £820 million by collecting said taxes:

 

 

 

It wasn’t a great budget for the self employed:

 

 

A cut in tax free dividends, the initial £5k figure was considered by the chancellor to be overly generous:

 

 

What did you make of the budget? Let us know @switchmybiz!

Related Articles

inspiration

8 Must watch TED talks for small business owners

Feeling a drop in motivation? TED talks never fail to fire us up. Here are some of our favourites......

Read More
lightbulb header image

Energy News 04/08/2017

Yes, the British Gas price hike is undoubtedly the story of the week, but it’s not all that’s been making ...

Read More
pylon header image

Will Energy Prices Ever Go Down?

British Gas has become the latest energy supplier to raise their prices, just weeks after the Government discu...

Read More
Excellent, 9.8 / 10

Great customer service from Bhavni Manek to set up new business contracts...

"Had an excellent customer service experience with Bhavni Manek to set up new business contracts and run me through all the details. She was very efficient at finding quotes and answering questions and made me feel reassured about the transition to new energy suppliers."

This review was posted by Emma Thomsen on the 18th of August 2017

Jessica Purnell at SwitchMyBusiness has …

"Jessica Purnell at SwitchMyBusiness has been most helpful and very efficient. Our business has made a real saving on our electricity supply and all it took was a few minutes on the telephone. Thank you"

This review was posted by David Hanley on the 18th of August 2017

Mark Weeks did an excellent job in …

"Mark Weeks did an excellent job in giving me all the information I needed and explaining everything."

This review was posted by Terry on the 18th of August 2017

This the second time I have used …

"This the second time I have used SwitchMyBusiness and i have received excellent service from Jessica Purnell on both occasions.I would recommend anyone to use this company as you know that they are acting independently and trying to get the best deal for you."

This review was posted by H Barrington on the 18th of August 2017

Mark Weeks was my contact point with …

"Mark Weeks was my contact point with this company and I have been extremely pleased with the way in which he explained everything to me in an informative, friendly way."

This review was posted by Mr CHRISTOPHER GEORGE on the 18th of August 2017