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le SampFOR BUSINESSmple Sa ple a ple le Introduction and highlights S04m mp was heralded as a Budgete economic l Sa This Budget Samp forbut was ample stability, tax simplification and growth, Business taxes 05-06 le S set against a relatively benign economy that is Samp ple le Sam mple endeavouring to e out of the constraints of Other announcements 07 amp l break S p expenditure coupledewith reductions in public Sam pl le lower household disposableSamand growing income Samp job insecurity. With little room for manoeuvre mple SaFOR yOuR FinAncESple aim was to balance the Sam ple ample the Chancellorsple advance toward books Introduction and highlights 08 Sam while making strategic promoting le Sam business growth and the ongoing reduction of the Samp le public purse. Personal taxes 09-11 le Samp Samp ple le last year has provided l Sam Pensions and investments 12 Samp The interdependence on theyet further evidenceeof le global economy and Samp p our l Sam le Other announcements Samp the impact of events beyond our shores continue to 13 le Samp provide a challenge to business confidence. Samp ple le Sam ampThe politics of thempleGovernment continue S Samp a coalition and the needmsatisfy e l S VAT and indirect taxes 13-15 to influence policy decisions Sa to p ple the constituents in the two political parties are Sam ple le Sa taxation Vehicle m 16-17 evident in some of todays announcements. Samp ple Sam Budget announces the Governments budgetaryle le Sam The Samp le Samp plans and this serves as a reminder to us all Samp ple that we should ensure that our personal and SamTHE MOST ample HOW TO MAKE S reflect pl budgets mavailable and plans ple expenditure. OF OUR SERVICES abusinesse income and necessarythe reality of S our Sa m Sa in our economy and ample Debt remains embedded S the le Please Report as soon Sa*mp read theSample as possible le obligation to repay must be balanced with the need le to save and e invest. * Contact us to discuss any action youamp S ampl e S S may be considering, and to review your mpl adapting themmple Sa We can help you review your plans; longer term plans. We always welcome the le Sa as necessary to take into account the ongoing opportunity Samp to advise. ple Sam le ple challenging economic environment and your own e Samp pl personal circumstances, plans and objectives. le Sam le Samp Samp le le Samp le Samp ple m Samp ple Sam le le Samp le Samp le Samp Samp le ple am Samp ple le Sam le Samp 02 Samp le le Samp l Samp ple Sam Samp ple
The Report is generally based on Press Releases and Reports issued immediately after the Budget on 21 March 2012. These proposals may be amended. Professional advice should be obtained before acting on any information contained herein. No responsibility can be accepted as a result of action taken or refrained from in consequence of the contents of this Report.

This Report, written immediately after the Chancellor of the Exchequer delivered his Budget Speech, provides an overview of the announcements most likely to affect you and your business.

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A further consultation will be held on standardising business expenses, allowing a fixed amount to be claimed rather than recording actual amounts. From April 2013 the 100% FyA for businesses purchasing low emissions cars will be extended for a further two years to 31 March 2015. The carbon dioxide emissions threshold below which cars are eligible for the FyA will also be reduced from 110 g/km to 95 g/km.

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and water-efficient technologies qualifying for enhanced capital allowances will be updated during summer 2012, subject to State aid approval. The scheme allows a 100% deduction of the qualifying assets against taxable profits.

AllOWAncES: EnERGySAVinG And WATEREFFICIENT TECHNOLOGIES

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