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Budget Summary 2011

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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.

This Budget follows on from the Coalition Government’s emergency Budget in June 2010 and the Comprehensive Spending Review in October. Given the ongoing challenging economic climate and the primary emphasis on reducing the deficit it is not surprising that this Budget gave little away either for individuals or for businesses.

The Budget announces the Government’s budgetary plans and this serves as a reminder to us all that we should ensure that our own personal and business budgets and plans reflect the reality of our income and expenditure. Further, no plan is complete without looking at how debt will be repaid and savings aligned to our perceived future requirements.

We can help you re-evaluate your plans; adapting them as necessary to take into account the challenging economic environment and your personal and business circumstances. With our help, you can plan ahead embracing the very difficult economic background with public expenditure being reduced, jobs being lost and people’s spending capacity restricted by increasing costs and repayment of debt.

How to make the most of our services

  • Please read the Report as soon as possible
  • Contact us to discuss any action you may be considering, and to review your longer term plans. We always welcome the opportunity to help

[The Report is generally based on announcements issued immediately after the Budget on 23 March 2011. These proposals may be amended. Professional advice should be obtained before acting on any information contained herein. No responsibility can be accepted by the publishers or this firm for any loss occasioned as a result of action taken or refrained from in consequence of the contents of this publication.]