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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!

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