Budget News – 2014 to 2015

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I wrote the following blog after the 2014 budget annoncement – How far have we come to todays 2015 budget news? – The Governments Chancellor, George Osborne has announced his budget plans for us all the UK. He says that Small to Medium sized businesses will be helped more, with less paperwork and more financial assistance. Sometimes the money and help is available, we just don't know how or who to talk too to get it. It doesn’t matter if you are a Blue, Red, Yellow or Green voter, This is a step in the right direction for us all attached to the overall economy. Good news for the people who live and work at the brewers in Tadcaster as the Alcohol escalator is to be scrapped and a Cut of 1p in duty for a pint of beer. Current production levels will hopefully increase with this news. Our national roads will have an extra £200m fund for councils "to bid for" to fix potholes. Hopefully the North Yorkshire County Council will already be applying for this extra money to sort out the dreadful Bypass and Abbots Road road surfaces. An extra 1.5 million new jobs have been forecast in next five years and Support for more than 100,000 new apprenticeships in the UK. Great news for the students who are about to leave school or who are currently studying at our local colleges.

High street retail owners have a few reasons to be happy as well, stores will get £1,000 off their current rates, and from 2015, the amount of corporation tax will drop from 21% to 20%. Also the current Business rates discounts will be extended for another three years. – for more details about us, please view www.lrbtrophies.co.uk

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