Market leading insight for tax experts
View online issue

Budget analysis – SMEs

Speed read

While the Budget might be seen by most as doing little more than confirming measures that have already been announced or tackling exotic anti-avoidance schemes, SMEs and their owners might be thankful to the Chancellor. In addition to extending the Time to Pay rules, which allow scheduling of tax liabilities, he has extended the limits on two measures that will be particularly welcome to those in smaller businesses. First, he has doubled the limit for Entrepreneurs' Relief to £2 million and second, doubled the Annual Investment Allowance, which gives a 100% capital allowance, to £100,000, both measures taking effect from this April.

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.