In this infographic we’ve summarised the announcements made in the 2015 Budget Statement that will affect small businesses. We also recently created a post outlining all of the key points from this year’s Budget Statement.
Key announcements from the Chancellor that will affect small business include:
- Review of business rates
- Drastic reduction in the Annual Investment Allowance
- Removal of Class 2 National Insurance Contributions
- Improved Access to finance and markets
- More support for SMEs in growing sectors
- Focus on improving transport infrastructure in the North
- Another freeze in fuel duty
