{"id":2427,"date":"2016-04-14T14:44:53","date_gmt":"2016-04-14T14:44:53","guid":{"rendered":"http:\/\/my-brains.co.uk\/jackross\/?p=2427"},"modified":"2016-04-14T14:44:53","modified_gmt":"2016-04-14T14:44:53","slug":"business-announcements-budget-2016","status":"publish","type":"post","link":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/","title":{"rendered":"Business announcements from Budget 2016"},"content":{"rendered":"<p><strong>Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty.<\/strong><\/p>\n<p>Some of the headline measures relating to businesses announced in the Budget include:<\/p>\n<ul>\n<li><strong>Corporation tax <\/strong>&#8211; the rate of corporation tax will reduce to 17% by 2020<\/li>\n<li><strong>Business rate relief<\/strong> \u2013 the doubling of small business rate relief will be permanent from 1 April 2017. The relief threshold will rise from \u00a36,000 to \u00a315,000 and is tapered between \u00a312,000 and \u00a315,000<\/li>\n<li><strong>Stamp duty <\/strong>\u2013 the way stamp duty is applied to commercial properties will change to a marginal rate system with a zero rate band on purchases up to \u00a3150,000<\/li>\n<li><strong>Self-employed <\/strong>\u2013 from 2018, class 2 NICs for the self-employed will be abolished<\/li>\n<li><strong>Tax-free allowances<\/strong> \u2013 there will be 2 allowances of \u00a31,000 on goods and services and property income from April 2017<\/li>\n<li><strong>Loans to participators <\/strong>\u2013 the tax rate for loans to participators will increase from 25% to 32.5% from April 2016.<\/li>\n<\/ul>\n<p>Carolyn Fairbairn, director general of the Confederation of British Industry, said: \u201cAfter a year of surprises, this was a stable Budget for business facing global stormy waters. The chancellor has listened to our concerns about the mounting burden on firms and chosen to back business to grow the economy out of the deficit.\u201d<\/p>\n<p><em>Talk to us today about Budget 2016.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some of the headline measures relating to businesses announced in the Budget include: Corporation tax &#8211; the rate of corporation tax will reduce to 17% by 2020 Business rate relief \u2013 the doubling&hellip;&nbsp;<a href=\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Business announcements from Budget 2016<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":""},"categories":[8],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business announcements from Budget 2016 - Manchester Chartered Accountants<\/title>\n<meta name=\"description\" content=\"Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business announcements from Budget 2016 - Manchester Chartered Accountants\" \/>\n<meta property=\"og:description\" content=\"Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some\" \/>\n<meta property=\"og:url\" content=\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Manchester Chartered Accountants\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/jackrosstax\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-14T14:44:53+00:00\" \/>\n<meta name=\"author\" content=\"Jack Ross\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jack Ross\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\"},\"author\":{\"name\":\"Jack Ross\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818\"},\"headline\":\"Business announcements from Budget 2016\",\"datePublished\":\"2016-04-14T14:44:53+00:00\",\"dateModified\":\"2016-04-14T14:44:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\"},\"wordCount\":203,\"publisher\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\"},\"articleSection\":[\"Budget\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\",\"url\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\",\"name\":\"Business announcements from Budget 2016 - Manchester Chartered Accountants\",\"isPartOf\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#website\"},\"datePublished\":\"2016-04-14T14:44:53+00:00\",\"dateModified\":\"2016-04-14T14:44:53+00:00\",\"description\":\"Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some\",\"breadcrumb\":{\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/my-brains.co.uk\/jackross\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business announcements from Budget 2016\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#website\",\"url\":\"http:\/\/my-brains.co.uk\/jackross\/\",\"name\":\"Jack Ross Chartered Accountants Manchester\",\"description\":\"Manchester Accountants &amp; Manchester Xero Accountants\",\"publisher\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/my-brains.co.uk\/jackross\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#organization\",\"name\":\"Jack Ross Chartered Accountants\",\"url\":\"http:\/\/my-brains.co.uk\/jackross\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg\",\"contentUrl\":\"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg\",\"width\":776,\"height\":889,\"caption\":\"Jack Ross Chartered Accountants\"},\"image\":{\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/jackrosstax\",\"https:\/\/twitter.com\/JackRossTax\"]},{\"@type\":\"Person\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818\",\"name\":\"Jack Ross\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g\",\"caption\":\"Jack Ross\"},\"url\":\"https:\/\/my-brains.co.uk\/jackross\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Business announcements from Budget 2016 - Manchester Chartered Accountants","description":"Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/","og_locale":"en_GB","og_type":"article","og_title":"Business announcements from Budget 2016 - Manchester Chartered Accountants","og_description":"Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some","og_url":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/","og_site_name":"Manchester Chartered Accountants","article_publisher":"https:\/\/www.facebook.com\/jackrosstax","article_published_time":"2016-04-14T14:44:53+00:00","author":"Jack Ross","twitter_misc":{"Written by":"Jack Ross","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/#article","isPartOf":{"@id":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/"},"author":{"name":"Jack Ross","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818"},"headline":"Business announcements from Budget 2016","datePublished":"2016-04-14T14:44:53+00:00","dateModified":"2016-04-14T14:44:53+00:00","mainEntityOfPage":{"@id":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/"},"wordCount":203,"publisher":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#organization"},"articleSection":["Budget"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/","url":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/","name":"Business announcements from Budget 2016 - Manchester Chartered Accountants","isPartOf":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#website"},"datePublished":"2016-04-14T14:44:53+00:00","dateModified":"2016-04-14T14:44:53+00:00","description":"Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some","breadcrumb":{"@id":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/my-brains.co.uk\/jackross\/business-announcements-budget-2016\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/my-brains.co.uk\/jackross\/"},{"@type":"ListItem","position":2,"name":"Business announcements from Budget 2016"}]},{"@type":"WebSite","@id":"http:\/\/my-brains.co.uk\/jackross\/#website","url":"http:\/\/my-brains.co.uk\/jackross\/","name":"Jack Ross Chartered Accountants Manchester","description":"Manchester Accountants &amp; Manchester Xero Accountants","publisher":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/my-brains.co.uk\/jackross\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"http:\/\/my-brains.co.uk\/jackross\/#organization","name":"Jack Ross Chartered Accountants","url":"http:\/\/my-brains.co.uk\/jackross\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/","url":"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg","contentUrl":"http:\/\/my-brains.co.uk\/jackross\/wp-content\/uploads\/2019\/10\/Jack-Ross-Chartered-Accountants-Logo-Main.jpg","width":776,"height":889,"caption":"Jack Ross Chartered Accountants"},"image":{"@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/jackrosstax","https:\/\/twitter.com\/JackRossTax"]},{"@type":"Person","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/d65ae99f63f346e53c611cb62a38c818","name":"Jack Ross","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"http:\/\/my-brains.co.uk\/jackross\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea18b292e0e84043a1fc20ddc78f9167?s=96&d=mm&r=g","caption":"Jack Ross"},"url":"https:\/\/my-brains.co.uk\/jackross\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts\/2427"}],"collection":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/comments?post=2427"}],"version-history":[{"count":1,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts\/2427\/revisions"}],"predecessor-version":[{"id":2428,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/posts\/2427\/revisions\/2428"}],"wp:attachment":[{"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/media?parent=2427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/categories?post=2427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/my-brains.co.uk\/jackross\/wp-json\/wp\/v2\/tags?post=2427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}