The Practical Guide to Limited Company Tax
If you have chosen to operate your business as a limited com...
By Chris Martins D'Almeida on 15th March 2016
George Osborne, Chancellor of the Exchequer, will publish his Budget for 2016 on Wednesday the 16th March.
Each Spring – usually in March or April – the Chancellor of the Exchequer presents his annual statement to members of Parliament in the House of Commons.
What is The Budget?
It is an annual update on how the Government plans to spend revenue from taxes. This sets out the Government’s plans for the economy based on forecasts from the Office for Budget Responsibility, as well as any proposals from the Government for changes to taxation.
Under Osborne, it is also about how the Government plans to cut its spending as he tries to cut the deficit by 2020.
How can I watch it?
The Budget announcement will be broadcast live on Wednesday March 16th at around 12.30pm. It usually lasts about an hour.
You can watch live on the BBC News and Parliament Channels, as well as BBC Two. Coverage begins at 11.30am.
Sky News and ITV will also broadcast the speech live, or you can listen to the speech on BBC Radio 4. It’s also available online at Parliment.tv
After the announcement, some measures will come into effect on the same day or the day after (such as any changes to alcohol or tobacco duty).
We will also be tweeting live all the key announcements from the Budget 2016 on our twitter page here.
Our guide to Choosing the right accountant will help you understand the types of accountancy services available and what might be right for you
Take a look at our recent blogs below.
If you decided to take the plunge and be your own boss, one of the first decisions you’ll need to ...
Published: 6th August 2018
If you engage Boox to do your company’s VAT returns, you’ll be aware that we require your specif...
Published: 26th July 2018
It’s not just something cows do! MOO is the acronym for Mutuality of Obligation, which exists in e...
Published: 23rd July 2018
While it’s not a new problem, it certainly isn’t one that’s going away anytime soon. We’re t...
Published: 20th July 2018
HMRC are dogged in their efforts to recoup unpaid tax through schemes that they view as tax avoidanc...
Published: 18th July 2018
It is the time of year again when HMRC are sending out Self-Assessment Statements. These show all pe...
Published: 6th July 2018
To stay on the right side of HMRC’s expenses and benefits legislation, P11Ds need to filed by 6th ...
Published: 3rd July 2018
GDPR – the General Data Protection Regulation, comes into effect on 25th May and is the bigges...
Published: 24th May 2018
As a business owner, your time is way too precious to spend hours dealing with HMRC or Companies Hou...
Published: 14th May 2018
“Never do tomorrow what you can do today. Procrastination is the thief of time” Charles Dicken...
Published: 11th May 2018
Congratulations! The very fact you clicked this far shows you are considering employing staff, and t...
Published: 17th April 2018
If you need a little help to find the right accountancy service, don’t worry.
Thousands of contractors, freelancers and locums turn to Boox for help and advice with their limited company accounting. They love our personal service and app.
Specialist accounting for sole traders and the self employed, Boox combines easy online tools with expert support to take away the stress of handling your accounts.
Our combination of market-leading accounting software and expert personal advice gives you greater financial control and more time to grow your business.