Voting works! UK small businesses, pensioners and parents vote whereas large international companies can't. With an eye on attracting these votes, as long as you're a saver, the Chancellor aims to deliver a package to attract you!
Or why it is sometimes difficult to understand a company's tax bill.....
Take a company which has made a £100k profit BUT £85k of this is from selling an asset, such as a specialist equipment.
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Among the rallies did the Chancellor win out overall? On the basis this looks like a revenue raising budget, yes he did, but did you? If we're looking for aces and deuces, there may be a few.
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It might feel as though large companies get all the tax reliefs, but any additional 'reliefs' mainly arise from owning a global brand.
So what can many UK based companies do? Let's illustrate with a Case Study:
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